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Investment Banking & Investment Services
Financial
Index-linked
KSM - Short TA 25 ETN is an exchange traded note launched by K.S.M Sal Indices Certificates Ltd. The note seeks to track twice the inverse of the daily performance of the TA-25 Index. The index represents the public equity markets of Israel. It takes short positions and uses derivatives to include the stocks of companies operating across diversified sectors. The index represents the stocks of large-cap companies. The ETN will mature on December 5, 2030. KSM - Short TA 25 ETN was formed on June 21, 2007 and is domiciled in Israel.
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