ETFS releases two times leveraged and short funds on Amsterdam exchange

ETF Securities has released a range of double leveraged and double short funds on the Amsterdam platform of NYSE Euronext. The ETFs track the Dow Jones Euro Stoxx 50 and the Cac 40 indices. Two of the funds provide twice the daily performance of the respective indices, while the other two funds deliver twice the inverse performance. ETFS says that the range is designed for investors who do not want to use derivatives to implement short-term leveraged directional strategies. The ETF issuer explains that these funds can also be used to hedge a portfolio or for market neutral, long-short a...