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This is a fully collateralised, UCITS eligible exchange-traded product (ETP) designed to provide investors with a leveraged short exposure to the DAX. The ETP tracks the ShortDAX x3 TR Index (SHRTDX3), providing a total return comprised of -3 times the daily performance of the DAX® Index, adjusted to reflect fees as well as the costs and revenues inherent to shorting stocks. For example, if the DAX® Index rises by 1% over a day, then the ETP will fall by 3%, excluding fees. However if the DAX® Index falls by 1% over a day, then the ETP will rise by 3%, excluding fees.These products are designed to be held for very short time frames and there is no guarantee that they will replicate the performance of the underlying index beyond one day.
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Freetrade does not provide investment advice and individual investors should make their own decisions or seek independent advice. The value of investments can go down as well as up and you may receive back less than your original investment. Past performance is not a reliable indicator of future returns. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).
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