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Investment Banking & Investment Services
Financial
ETF
Xtrackers - ShortDAX x2 Daily Swap UCITS ETF is an exchange traded fund launched by Deutsche Asset & Wealth Management Investment S.A. The fund is managed by State Street Global Advisors Limited. It invests in the public equity markets of Germany. The fund takes short positions and uses derivatives such as swap agreements to invest in the stocks of companies operating across diversified sectors. It invests in the stocks of large-cap companies. The fund seeks to replicate the performance of the ShortDAX x2 Index, by employing synthetic replication methodology. The index seeks to track twice the inverse of the daily performance of the DAX Index. It was formerly known as db x-trackers - ShortDAX x2 Daily UCITS ETF. Xtrackers - ShortDAX x2 Daily Swap UCITS ETF was formed on March 18, 2010 and is domiciled in Luxembourg.
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