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ETN
ETFS Equity Securities Limited - ETFS 3x Daily Long DAX 30 is an exchange traded certificate launched by ETFS Management Company (Jersey) Limited. The certificate seeks to replicate the performance of the LevDAX x3 AR Index (TR), by employing synthetic replication methodology. The index seeks to track thrice the daily performance of the DAX (TR) Index. It represents the public equity markets of Germany. The index takes long positions and uses derivatives such as swaps to represent the stocks of companies operating across diversified sectors. It comprises of the stocks of large-cap companies. ETFS Equity Securities Limited - ETFS 3x Daily Long DAX 30 was formed on April 11, 2014 and is domiciled in Jersey.
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