Deutsche releases seven leveraged ETFs on LSE

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Deutsche Bank has released seven daily two times leveraged ETFs on the London Stock Exchange (LSE), tracking short and long indices.

Three of the funds are daily leveraged short ETFs that deliver two times the daily inverse performance of the DAX, Eurostoxx 50 and S&P 500. The remaining four ETFs track indices providing two times daily long exposure to the DAX, Eurostoxx 50, S&P 500 and FTSE 100. The latest launch complements the 16 daily short equity ETFs, which return the inverse performance of the underlying indices without leverage. Deutsche says the daily leveraged funds are suitable for sophisticated institutional investors, for use in short-term trading or hedging strategies, to react to intra-day market ...

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