Description: The aim is for the investment to reflect the performance of the EURO STOXX 50 { {®}} Short Index (Index) which provides the opposite performance of the EURO STOXX 50 { {®}} Index (Underlying Index) on a daily basis plus a rate of interest. This means that the level of the Index should rise when the Underlying Index falls and fall when the Underlying Index rises on a daily basis. The interest rate added to the Index level is based on double the rate at which banks in the Eurozone lend to each other overnight (as calculated by the European Central Bank) earned on the short position. The Underlying Index reflects the performance of the shares of 50 of the largest companies in certain industry sectors in the Eurozone. The companies are selected on the basis that they have the largest combined value of readily available shares compared to other companies. A company's weighting in the Index depends on its relative size but cannot exceed 10% of the Index at each quarterly review date.
Exchange: LSE
Country: UK
Currency: Pence sterling (p)
Category: Trading - Leveraged/Inverse Equity
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Cash | 104.78 | 2.23 | 102.55 |
| Stock US | 82.48 | 0.00 | 82.48 |
| Stock non-US | 20.07 | 0.00 | 20.07 |
| Other | 0.00 | 105.10 | -105.10 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Technology | 28.36 | 0.00 |
| Financial Services | 16.01 | 0.00 |
| Communication Services | 13.19 | 0.00 |
| Healthcare | 12.32 | 0.00 |
| Energy | 7.81 | 0.00 |
| Basic Materials | 7.27 | 0.00 |
| Consumer Cyclicals | 6.37 | 0.00 |
| Utilities | 4.30 | 0.00 |
| Industrials | 4.22 | 0.00 |
| Real Estate | 0.16 | 0.00 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 83.98 | 0.00 |
| Europe Developed | 13.74 | 0.00 |
| Latin America | 1.30 | 0.00 |
| Asia Emerging | 0.98 | 0.00 |
| United Kingdom | 0.00 | 2.33 |