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Investment Banking & Investment Services
Financial
ETF
ComStage - Commerzbank Bund-Future Short UCITS ETF is an exchange traded fund launched by Lyxor Funds Solutions S.A. The fund is managed by Commerzbank AG. It invests in the fixed income markets of Germany. The fund takes short positions and uses derivatives such as swaps and futures to invest in 10-year Euro bonds issued by the federal bank. It seeks to replicate the performance of the Commerzbank Bund-Future Strategy Short TR, by employing synthetic replication methodology. The strategy seeks to track the inverse of the daily performance of the Euro Bund Future. The fund was formerly known as ComStage ETF - Commerzbank Bund-Future Short TR UCITS ETF. ComStage - Commerzbank Bund-Future Short UCITS ETF was formed on October 7, 2010 and is domiciled in Luxembourg.
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