Xtrackers S&P 500 Inverse Daily Swap UCITS ETF 1C/  LU0322251520  /

The aim is for your investment to reflect the performance of the S&P 500 Inverse Daily index (index) which provides the opposite performance of the S&P 500 Total Return (TR) 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 institutions can borrow US dollars overnight while posting US Treasury bonds as collateral (SOFR) plus a fixed spread of 0.02963%. To achieve the aim, the fund will enter into financial contracts (derivatives) with one or more swap counterparties to swap most subscription proceeds for the return on the index.

The aim is for your investment to reflect the performance of the S&P 500 Inverse Daily index (index) which provides the opposite performance of the S&P 500 Total Return (TR) 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 institutions can borrow US dollars overnight while posting US Treasury bonds as collateral (SOFR) plus a fixed spread of 0.02963%.