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ETN
ETFS Equity Securities Limited - ETFS 3x Daily Short Euro Stoxx 50 is an exchange traded certificate launched by ETFS Management Company (Jersey) Limited. It seeks to replicate the performance of the EURO STOXX 50 Daily Short 3x EUR Gross Return Index, by employing synthetic replication methodology. The index seeks to track thrice the inverse of the daily performance of the EURO STOXX 50 EUR Gross Return Index. It represents the public equity markets of the Euro zone. The index takes short positions and uses derivatives such as swaps to represent the stocks of companies operating across diversified sectors. It comprises of stocks of large-cap companies. ETFS Equity Securities Limited - ETFS 3x Daily Long Euro Stoxx 50 was formed on April 11, 2014 and is domiciled in Jersey.
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