As of September 6, 2016 db x-trackers II - UK Gilts Short Daily UCITS ETF has gone out of business. db x-trackers II - UK Gilts Short Daily UCITS ETF is an exchange traded fund launched by Deutsche Asset Management S.A. It is managed by State Street Global Advisors Limited. The fund invests in the fixed income markets of the United Kingdom. It takes short positions and uses derivatives such as swaps to invest in fixed-rate, British Pound denominated sovereign bonds with a minimum maturity of one year. The fund seeks to replicate the performance of the Deutsche Bank Short Daily GBP GILTS Total Return Index, by employing synthetic replication methodology. The index seeks to track inverse of the daily performance of the Deutsche Bank GBP GILTS Total Return Index. It was formerly known as db x-trackers II - UK Gilts Short Daily ETF. db x-trackers II - UK Gilts Short Daily UCITS ETF was formed on May 5, 2010 and is domiciled in Luxembourg.