Bull and Bear Certificate

    Microsoft Corp.

    5x Short
    Symbol BEAR MSFT X5 VNT3ISIN DE000VX2FFX1
    Updated Today, 18:55:00+0.27 DKK (+2.02%)
    Market closed

    13.62

    DKK
    Bid volume 107,600

    13.66

    DKK
    Ask volume 107,600

    Spread0.04 DKK / 0.29%

    Microsoft Corp.: 273.54 USD|Last Update:

    Product overview

    Underlyings
    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
    • Ratio0.025
    • ListingNordic MTF