| - Industry | - Sector | - CEO | OTC GREY Exchange | CA14416W1086 ISIN |
| Italy Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
The Boost FTSE MIB 3x Short Daily ETP offers a unique investment proposition by enabling investors to gain three times the inverse daily performance of the FTSE MIB Total Return index, which tracks the performance of the leading shares listed on the Italian stock exchange. As a fully collateralised, UCITS eligible Exchange-Traded Product (ETP), it provides a structured approach to betting against the Italian stock market, while also incorporating adjustments for fees, and the costs and revenues associated with short selling. This product aims to meet the needs of sophisticated investors who seek to hedge their exposure to the Italian market or to speculate on its decline, by providing a leveraged inverse exposure in a transparent and regulated format.
This service involves tracking the FTSE MIB Ultra Short Strategy RT GR index, which is designed to provide three times the inverse daily performance of the FTSE MIB Total Return index. The index reflects not only the movements in the prices of the stocks included in the FTSE MIB index but also reinvests dividends, providing a comprehensive view of the negative performance that the ETP aims to leverage.
The main product offered, the Boost FTSE MIB 3x Short Daily ETP, is structured to offer investors a way to gain leveraged exposure to the inverse performance of the FTSE MIB index. This means that if the FTSE MIB index goes down, the value of the ETP is designed to go up threefold, before accounting for fees and expenses. This product is tailored for investors looking for aggressive investment strategies and who have a bearish outlook on the Italian stock market.
Ensuring the safety of the investor's capital, the ETP is fully collateralised. This means that for every ETP issued, there are assets held as collateral to back the investment. This significantly reduces the counterparty risk that is often associated with derivative products. The collateral is typically held in the form of high-quality securities or cash equivalents, providing an additional layer of security for investors.
The Boost FTSE MIB 3x Short Daily ETP is compliant with the UCITS (Undertakings for Collective Investment in Transferable Securities) regulation, which is a regulatory framework of the European Union that aims to offer a high level of protection to investors in fund products. UCITS eligibility ensures that the product meets strict investment and operational criteria, providing investors with transparency, liquidity, and regular monitoring of the investment's risks and performance.