L&G DAX® Daily 2x Short UCITS ETF
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The L&G DAX Daily 2x Short ETF is designed to provide twice the inverse of the daily performance of the DAX Index, which is made up of 30 of the largest and most liquid publicly traded companies on the Frankfurt Stock Exchange. To achieve this, the fund uses financial instruments that create a leveraged opposite exposure to these top German stocks, allowing investors to potentially profit from declines in the DAX Index each day.