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As of May 30, 2014 Accion Ibex 35 Inverso ETF, FI Cotizado has gone out of business. Accion Ibex 35 Inverso ETF, FI Cotizado is an exchange traded fund launched and managed by BBVA Asset Management, S.A., S.G.I.I.C. It invests in the public equity markets of Spain. The fund takes short positions, invests directly and also uses derivatives to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies across all market capitalizations. The fund seeks to replicate the performance of the IBEX 35 Inverso Index. The index tracks the inverse of the daily performance of the Ibex 35 Index with dividends. Accion Ibex 35 Inverso ETF, FI Cotizado was formed on December 1, 2010 and is domiciled in Spain.
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