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Investment Banking & Investment Services
Financial
ETF
Lyxor Bund Future Daily (-2x) Inverse UCITS ETF is an exchange traded fund launched by Lyxor Funds Solutions S.A. It is managed by Commerzbank AG. The fund invests in the fixed income markets of Germany. It takes short positions and uses derivatives such as futures and swaps to invest in bonds issued by federal bank with a maturity of 10 years. The fund seeks to replicate the performance of the Commerzbank Bund-Future Strategy Double Short TR, by employing synthetic replication methodology. The strategy seeks to track twice the inverse of the daily performance of the Euro Bund Future. It was formerly known as ComStage ETF - Commerzbank Bund-Future Double Short TR UCITS ETF. The fund was formerly known as ComStage - Commerzbank Bund-Future Double Short UCITS ETF. Lyxor Bund Future Daily (-2x) Inverse UCITS ETF was formed on October 7, 2010 and is domiciled in Luxembourg. As of April 22, 2021, Lyxor Bund Future Daily (-2x) Inverse UCITS ETF has gone out of business.
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