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3EUS

EURO STOXX® 50 3x Short Daily ETP

Boost EURO STOXX 50® 3x Short Daily ETP is a fully collateralised, UCITS eligible Exchange-Traded Product. The ETP tracks the EURO STOXX® 50 Daily Short 3 EUR Gross Return index, providing three times the inverse daily performance of the EURO STOXX 50® EUR Gross Return index, adjusted to reflect fees as well as the costs and revenues inherent to shorting stocks.

For example, if the EURO STOXX 50 rises by 1%, then the ETP will fall by 3%, excluding fees. However, if the EURO STOXX 50 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) €7.18
  • Base/Trading Currency EUR/EUR
  • Daily Change -1.63%
  • Leverage Factor -3x
  • ISIN IE00B8JF9153
  • Bloomberg Ticker 3EUS LN
  • Index Name EURO STOXX® 50 Daily Short 3 EUR Gross Return Index
  • Index Bloomberg Ticker SX5GT3S
Net Asset Value 17 Nov 2017
NAV €7.18
Daily Change (€0.12)
Daily Return -1.63%
Total AUM of fund €8,479,750.18
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
Authorised Participants APs
Fees
Annual Management Fee Rate 0.8%
Daily Swap Rate 0.00278%

Listings & Codes

Listings & Codes
Index Details

EURO STOXX® 50 DAILY SHORT 3 EUR GROSS RETURN INDEX

The EURO STOXX 50 Daily Short 3 EUR Gross Return Index aims to replicate the inverse daily performance of the EURO STOXX 50 EUR Gross 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 EURO STOXX 50 EUR Gross Return Index is a gross total return version of the EURO STOXX 50 index. 

The EURO STOXX 50 Index provides a blue-chip representation of supersector (as defined by the Industry Classification Benchmark) leaders in the Eurozone. The index covers 50 stocks from 12 Eurozone countries: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. The EURO STOXX 50 is weighted according to free-float market capitalisation and is reviewed annually in September.

Index Details

Index ID Card
Index Name EURO STOXX® 50 Daily Short 3 EUR Gross Return Index
Currency EUR
Index Provider STOXX
Bloomberg Ticker SX5GT3S
Leverage Factor -3x
Reuters Instrument Code .SX5GT3S
Leverage Method Daily Rebalancing

Boost Collateral Details

Details 16 Nov 2017
Collateral Coverage Ratio 104.9%
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

 

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