XACT Bull 2 and XACT Bear 2

Following the success of XACT Bull and XACT Bear, XACT has launched two new funds with leverage. The funds, XACT Bull 2 and XACT Bear 2, follow the OMXS30^TM index with two times leverage. 

XACT Bull 2 which moves in the same direction as the market will gain roughly 2% for every day that the index gain 1%. If the index during one day decreases by 1% XACT Bull will decrease by roughly 2%.

XACT Bear 2 moves in the opposite direction to the market. If the index during one day increases by 1% XACT Bear 2 will decrease by roughly 2%. If the index decreases by 1% during one day XACT Bear 2 will increase by roughly 2%.

Remember that funds with leverage behave differently compared to funds without leverage. It is therefore important that you understand how the funds work prior to investing.

Leveraged funds are only suitable as an investment if you:

1. Understand special characteristics of these leverage investment products
2. Understand the effect of daily rebalancing
3. Actively and continuously monitor your portfolio since funds with leverage will go up or down more quickly in value than corresponding investments without leverage