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Deutsche Bank – db x-trackers ShortDAX x2 Daily ETF

Deutsche Bank – db x-trackers ShortDAX x2 Daily ETF

Type: Exchange-traded fund

Aim: Growth by tracking the ShortDAX x2 Daily index

Minimum investment: Negotiable with stockbroker

Investment split: 100% tracking the ShortDAX x2 Daily index

Place of registration: Luxemburg

Charges: Annual up to 0.6%

Commission: None



Toscafund makes remortgage deal

City hedge fund Toscafund, which last year acquired a number of mortgage books, is offering to write off up to 20 per cent of mort-gage holders’ borrowings if they remortgage with a new lender.

Warning to prepare for reform as Labour backs out of LibDem talks

Industry experts have warned that the financial services industry should gear up for major reform following last week’s hung Parliament result. At the time of writing, the Liberal Democrats and the Conservatives were still locked in talks regarding a possible coalition or pact after the Labour party walked away from discussion with the LibDems. Cicero […]


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