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QQQS

NASDAQ 100® 3x Short Daily ETP

Boost NASDAQ 100® 3x Short Daily ETP is a fully collateralised, UCITS eligible Exchange-Traded Product. The ETP tracks the NASDAQ-100® 3x Inverse Total Return index, providing three times the inverse daily performance of the NASDAQ-100® Total Return index, adjusted to reflect fees as well as the costs and revenues inherent to shorting stocks.

For example, if the NASDAQ 100 rises by 1%, then the ETP will fall by 3%, excluding fees. However, if the NASDAQ 100 falls by 1%, then the ETP will rise by 3%, excluding fees.

ETP RISK WARNING

The Boost Issuer Plc exchange traded products (ETPs) are only intended for investors who understand the associated risks. The short and/or leveraged products involve numerous risks including general market risks relating to the relevant underlying index, credit risks on the provider of index swaps utilised in the ETPs, exchange rate and interest risks, and for our Delta One products, swap counterparty risk. You should consult an investment adviser who can help determine whether or not the products are suitable for you.

 

The price of any Shares or the value of an investment in ETPs may go up or down and an investor may not get back the amount invested. Past performance is not a reliable indicator of future performance. This material is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any financial instrument or product or to adopt any investment strategy.

KEY INFORMATION

  • Price (NAV) (27 Apr 2017) $5.06
  • Base/Trading Currency USD/USD
  • Daily Change (27 Apr 2017) -1.66%
  • Leverage Factor -3x
  • ISIN IE00B8VZVH32
  • Bloomberg Ticker QQQS LN
  • Index Name NASDAQ-100® 3x Inverse Total Return Index
  • Index Bloomberg Ticker XNDXS3

Further Legal and Tax Information

Structure
Physical Assets Yes (Collateral)
Structure ETP
Domicile Ireland
Replication Method Fully Collaterised Swap
Key Service Providers
Issuers Boost Issuer PLC
Administrator Capita IFS
Custodian Bank of New York Mellon
Trustee Law Debenture Trust
Auditor Ernst & Young
Swap Provider BNP Paribas Arbitrage SNC
Market Makers Market Makers
Authorized Participants APs
Fees
Annual Management Fee Rate 0.8%
Daily Swap Rate 0.00222%

Listings & Codes

London Stock Exchange
Base Currency USD
Trading Currency GBx
Exchange Ticker LQQS
ISIN IE00B8VZVH32
SEDOL B8116S7
Bloomberg Ticker LQQS LN
Settlement Period T+2
Listing Date 15 Mar 2017
London Stock Exchange
Base Currency USD
Trading Currency USD
Exchange Ticker QQQS
ISIN IE00B8VZVH32
SEDOL B8VZVH3
Bloomberg Ticker QQQS LN
Settlement Period T+2
Listing Date 13 Dec 2012
Xetra
Base Currency USD
Trading Currency EUR
Exchange Ticker 3QSS
ISIN DE000A133ZR0
SEDOL BSJCNB4
Bloomberg Ticker 3QSS GY
Settlement Period T+2
Listing Date 14 Nov 2014
Borsa Italiana
Base Currency USD
Trading Currency EUR
Exchange Ticker QQQS
ISIN IE00B8VZVH32
SEDOL BD3CSX2
Bloomberg Ticker QQQS IM
Settlement Period T+2
Listing Date 25 Feb 2014

NASDAQ-100® 3X INVERSE TOTAL RETURN INDEX

The NASDAQ-100® 3x Inverse Total Return Index aims to replicate the daily inverse performance of the NASDAQ-100 Total Return Index multiplied daily by three and adjusted to reflect certain inherent costs and revenues of maintaining the short positions required to achieve that aim.

The NASDAQ-100® Total Return Index is a gross total return version of the NASDAQ-100 index, which is composed of 100 of the largest non-financial securities listed on The NASDAQ StockMarket® (NASDAQ®) based on market capitalization. It does not contain securities of financial companies including investment companies.

Index Details

Index ID Card
Index Name NASDAQ-100® 3x Inverse Total Return Index
Currency USD
Index Provider NASDAQ
Bloomberg Ticker XNDXS3
Leverage Factor -3x
Leverage Method Daily Rebalancing

Boost Collateral Details

Details 27 Apr 2017
Collateral Coverage Ratio 105.6%
Over Collateralised Yes
Custodian Bank of New York Mellon

Boost is an independent boutique Exchange Traded Product (“ETP”) provider and as such it is independent from any investment bank, swap provider, trustee or custodian. Boost ETPs have a robust and transparent collateral structure, which Boost believes offers investors a best of breed counterparty risk model, where investors’ interests are aligned with Boost's.

Boost Collateral Structure

DISCLAiMERS

 

NASDAQ OMX trademarks referenced herein are trademarks of NASDAQ OMX and have been licensed for use by Boost Issuer PLC. The securities incorporating NASDAQ OMX indexes are not created, sponsored, endorsed, recommended or promoted by NASDAQ OMX and NASDAQ OMX shall have any no liability in connection with the securities.