SGAM AI launches leveraged ETF in Germany

Societe Generale Asset Management Alternative Investments (SGAM AI) has launched what it claims is the first leveraged exchange-traded fund (ETF) in Germany to be based on the DJ Eurostoxx 50 index. The SGAM ETF Leveraged DJ Eurostoxx 50 was admitted for listing on April 30 on Deutsche Borse's Xetra Active Funds segment. The fund is designed to replicate up to 200% of the gains and losses of the DJ Eurostoxx 50, and is aimed at institutional and corporate investors as well as retail investor

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