This product has been cancelledCancellation day: 08/03/2023
Bull and Bear Certificate
DAX®
15x ShortSymbol BEAR DAX X15 VNT19ISIN DE000VQ9KJA5
Product overview
Life cycle
Initial fixingFirst exchange trade dateCancellation
Product information
Documents
Key Information Document
Final Terms
Base Prospectus
About this product
Factor certificates offer a simple and efficient way to profit from stable price trends, be they rising or falling. They do so by leveraging the daily price performance of a so-called reference instrument, for example a share or an index. This allows investors to participate disproportionately in the performance of this reference instrument. The factor – i. e. the leverage – remains constant, and so the investment is equivalent to reinvestment on a daily basis.
Learn more about Bull and Bear CertificatesAdditional Information
- EUSIPA categorisationConstant Leverage Certificate
- GuarantorVontobel Holding AG, Zurich
- IssuerVontobel Financial Products GmbH, Frankfurt am Main
- Redemption / deliveryCash
- Ratio0.1
- ListingNordic MTF