Deutsche launches seven leveraged ETFs

Three of the funds track indices that return two times the daily inverse performance of the Dax, Eurostoxx 50 and S&P 500 benchmarks. The other four funds are based on indices that deliver two times the daily long performance of the same underlying benchmarks, as well as the FTSE 100. They can be used to react in real time to intra-day market fluctuations, and to exploit rising or declining markets. The issuer says the daily leveraged ETFs are suitable for sophisticated institutional investors who want to implement them for short-term trading or hedging strategies. This is due t...