db x-trackers II Eurozone Sov. Double Short Daily UCITS ETF - 1C (LU0621755676)

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Description  

The aim is for your investment to reflect the performance of the Deutsche Bank Eurozone Sovereigns Double Short Daily Index (the "Reference Index"). The Reference Index reflects two times the daily opposite performance of the DEUTSCHE BANK EUROZONE SOVEREIGNS TOTAL RETURN INDEX on a daily basis, plus a rate of interest. This means that, on a daily basis, the level of the Reference Index should rise by double the amount the DEUTSCHE BANK EUROZONE SOVEREIGNS TOTAL RETURN INDEX falls (whenever the DEUTSCHE BANK EUROZONE SOVEREIGNS TOTAL RETURN INDEX falls), and fall by double the amount the Deutsche Bank Eurozone Sovereigns Total Return Index rises (whenever the Deutsche Bank Eurozone Sovereigns Total Return Index rises). The interest rate added to the Reference Index level is based on the rate at which banks in the Eurozone lend to each other overnight (Euro Over Night Index Average). The DEUTSCHE BANK EUROZONE SOVEREIGNS TOTAL RETURN INDEX reflects the performance of certain tradable debt (bonds) issued in Euro by a Eurozone government, which are subject to certain conditions.

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