24 November 2010 – NYSE Euronext today announced the expansion of its range of strategy indices with the launch of six new products based on the CAC 40 Index.
- Three new Leverage Indices track the performance of a strategy that trebles to quintuples exposure to the CAC 40 Index with the support of short-term financing. In a rising market, they thus enable investors to earn a daily return that amplifies that of the underlying index, minus the financing cost embedded in the strategy.
- Three new Short Indices track the performance of a strategy that combines a treble to quintuple inverse exposure to the underlying index with the exposure to a risk-free money-market instrument. In a falling market, they thus enable investors to earn a positive daily return that is the inverse of the underlying index.