Bull and Bear Certificate


    18x Long
    Symbol BULL DAX X18 VNT20ISIN DE000VV0UWD3
    Updated Today, 10:20:00+1.86 DKK (+3.35%)
    Market open (7:00-19:00)


    Bid volume 138,400


    Ask volume 138,400

    Spread0.06 DKK / 0.10%

    DAX®: 15,265.37 EUR|Last Update:

    Product overview

    Leverage index
    Reference Instrument

    Life cycle

    Initial fixingFirst exchange trade dateOpen end

    Product information

    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 Certificates

    Additional Information

    • EUSIPA categorisationConstant Leverage Certificate
    • GuarantorVontobel Holding AG, Zurich
    • IssuerVontobel Financial Products GmbH, Frankfurt am Main
    • Redemption / deliveryCash
    • Ratio1.0408
    • ListingNordic MTF