XACT OBX Bear (UCITS ETF)

XACT OBX Bear (UCITS ETF) is a leveraged exchange traded UCITS fund. XACT OBX Bear (UCITS ETF) yields approximately two times the change in the OBX®-index on a daily basis. If the OBX®-index decreases by 1%, the fund is expected to return approximately 2%. Conversely, if the OBX®-index increases by 1%, the fund is expected to return approximately -2%. The ETF do's not pay out dividend.

Index OBX
Asset class Equity
Replication Futures-based
Assets 663 MNOK
Short name OBXEXDBEAR
Management fee 0.80 %
Listing Oslo Börs
Leverage -2.0

Compare to

Today -
YTD 11.97 %
Today -
YTD -4.71 %
Today -
YTD 0.22 %
Today -
YTD 13.00 %
Today -
YTD 16.23 %
Today -
YTD 14.14 %
Today -
YTD 17.43 %
Today -
YTD -17.86 %
Today -
YTD 23.69 %
Today -
YTD -23.04 %
Today -
YTD 31.12 %
Today -
YTD -27.83 %
Today -
YTD 9.23 %
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YTD -

XACT OBX Bear (UCITS ETF) a UCITS fund which yields approximately two times the opposite change in the OBX-index, on a daily basis. If the OBX-index decreases by 1%, the fund is expected to return approximately 2%. Conversely, if the OBX-index increases by 1%, the fund is expected to return approximately -2%. The Fund is an ETF ("Exchange Traded Fund") traded on Oslo Börs. The fund-units are priced in real time by market makers. You pay no subscription or withdrawal fees but you will pay commission to your broker. The Fund invests in cash (100% of the fund value) and OBX futures (200% of the fund value).

Holdings

The Fund invests in cash (100% of the fund value) and OBX®-index futures (200% of the fund value). Klick on "MM-file" to see the holdings.

Trading facts
Bloomberg XACTBEAR NO EQUITY
Short name OBXEXDBEAR
Reuters
ISIN SE0009723000
Primary listing Oslo Börs
Fees
Management fee 0.80%
Yearly fee 0.80%

Management fees deducted in percent of average fund capital.

The yearly fee includes the total of management fees, interest fees and other expenses during the year, excluding transaction fees.

Performance
Performance Fund¹ Index² Average perf. Fund¹ Index²
2017-01-31 -1.97 0.94 2 år -20.98 7.22
2016 -32.17 14.61 3 år -21.14 8.35
2015 -12.8 2.92 5 år -23.62 11.25
2014 -10.92 3.99 10 år
2013 -33.33 22.73

¹ Calculated on the fund's monthly closing price

Risk measures (3 years) 2017-01-31
Total risk 21.03%
Total risk in index 11.28%
Tracking error 32.26%
Information ratio -0.91
Sharpe ratio -0.97
Sharpe ratio in index 0.82

Fund facts
Fund manager Stefan Hagman
Country of registration Norway
Main category Equity
Sub category Norway
Date of launch 9/15/2017
Total net assets 663 MNOK
Trading currency NOK
currency NOK
UCITS Yes
ISIN SE0009723000
Short name OBXEXDBEAR
Fund company facts
Management company Xact Kapitalförvaltning AB
Approval of fund operations 1/1/2016 12:00:00 AM
Custodian Skandinaviska Enskilda Banken AB (publ)
Legal domicile of fund Norway
Regulation authority Finansinspektionen
Auditor Ernst & Young AB
Complaints manager Eva Rångevall och Pernilla Olausson

Today's market

OMXS30GI +1.25%
OBX +1.07%
Energy 0.72%
Industrials +1.87%

Currency

USD/SEK (8.17) 0.46%
EUR/SEK (9.62) -0.16%
  • i Source: Millistream
  • Updated Updated 23:30, 2017-10-21
  • i Source: Handelsbanken
  • Uppdated Uppdated 12:27, 2017-10-21
  • Information Source: Handelsbanken
  • Updated Updated 12:27, 2017-10-21

Buy

ETFs or Exchange Traded Funds are traded precisely like ordinary Equities, in numbers over the Stock Exchange.  Log in to your Handelsbanken account and start trading now.

If you are costumer at another bank or broker, log in and search for Xact or call your banker.

Information

  • iNAV – theoretical value from Handelsbanken. Updated every third minute.
  • Buy – latest buy price from Handelsbanken. Updated every third minute.
  • Sell – latest sell price form Handelsbanken. Updated every third minute.
  • Performance today – describes the return so far today. Difference between last NAV and iNAV calculated in the ETFs trade currency. Updated every third minute. 
  • Performance YTD – describes the return so far this year. Updated daily. 
  • Last NAV - expressed in trade currency at close the trading day prior.
  • Assets – in million SEK or NOK depending on the trade currency.

Data source

This information is updated every 15th minute from Millistream. Xact does not assume any liability for errors in the information.

Data source

This information is updated every 15th minute from Handelsbanken. Xact does not assume any liability for errors in the information.