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ETN
ETFS Equity Securities Limited - ETFS 3x Daily Short CAC 40 is an exchange traded certificate launched by ETFS Management Company (Jersey) Limited. The certificate seeks to replicate the performance of the CAC 40 X3 Short GR Index, by employing synthetic replication methodology. The index represents the public equity markets of France. It takes short positions and uses derivatives such as swaps to represent the stocks of companies operating across diversified sectors. The index represents the stocks of large-cap companies. CAC 40 X3 Short GR Index seeks to track thrice the inverse of the daily performance of the CAC 40 GR Index. ETFS Equity Securities Limited - ETFS 3x Daily Short CAC 40 was formed on May 27, 2014 and is domiciled in Jersey.
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