ETFS Foreign Exchange has announced the launch of eight currency exchange traded notes (ETNs) with leverage factor five on Xetra, Deutche Börse’s electronic trading platform.
The underlying ETNs track the exchange rate movements of the euro to the Australian dollar, Japanese yen, Swiss franc and US dollar, the full list can be found below..
Depending on the ETN selected, investors have the opportunity to benefit from a rising or a falling euro exchange rate. The new products are listed in the attached table with ISIN and total expense ratio.
Deutsche Börse’s product range in the ETF and ETP segment currently comprises 1,038 ETFs, 223 ETCs and 149 ETNs.
|Currency ETN ISIN Total expense ratio|
|ETFS 5x Long AUD Short EUR DE000A12Z3V6 1.88%|
|ETFS 5x Short AUD Long EUR DE000A12Z3W4 1.88%|
|ETFS 5x Long CHF Short EUR DE000A12Z3X2 1.88%|
|ETFS 5x Short CHF Long EUR DE000A12Z3Y0 1.88%|
|ETFS 5x Long JPY Short EUR DE000A12Z3Z7 1.88%|
|ETFS 5x Short JPY Long EUR DE000A12Z306 1.88%|
|ETFS 5x Long USD Short EUR DE000A12Z314 1.88%|
|ETFS 5x Short USD Long EUR DE000A12Z322 1.88%|