Bull & Bear Certificate

    S&P 500® Index

    5x Short
    Symbol BEAR SPX X5 V4ISIN DE000VQ1W0V5
    Updated Today, 12:25:00+0.01 EUR (+0.92%)
    Market open (6:00-18:00)

    1.09

    EUR
    Bid volume 344,600

    1.10

    EUR
    Ask volume 344,600

    Spread0.01 EUR / 0.91%

    S&P 500® Index: 3,979.26 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 & Bear Certificates

    Additional Information

    • EUSIPA categorisationConstant Leverage Certificate
    • GuarantorVontobel Holding AG, Zurich
    • IssuerVontobel Financial Products GmbH, Frankfurt am Main
    • Redemption / deliveryCash
    • Ratio2
    • ListingNordic MTF