Stock Detail
Sector:
Latest Quote @ Sat May 5 13:51:08 (15 min delayed)
| N/A |
N/A |
$21.83 |
+0.00 |
0.00% |
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Last Day's Data
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0.00% |
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Pivot Table
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R1 |
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| 0.00 |
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Stock Profile
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the price performance of the DAX Global Agribusiness Index.
The fund, under normal circumstances, creates short positions by investing at least 80% of its net assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. It invests the remainder of its assets in short-term debt instruments that have terms-to-maturity of less than 397 days and exhibit high quality credit profiles. The fund does not invest in equity securities. It is non-diversified.