Bull & Bear Certificate

    DAX®

    20x Short
    Symbol BEAR DAX X20V11ISIN DE000VV9J9L6
    Updated 21/03/2023, 18:55:00-0.12 EUR (-21.78%)
    Market closed

    0.424

    EUR
    Bid volume 2,087,900

    0.426

    EUR
    Ask volume 2,087,900

    Spread0.002 EUR / 0.471%

    DAX®: 15,200.45 EUR|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
    • Ratio1.9789
    • ListingNordic MTF