NYSE Euronext today announced the expansion of its range of strategy indices with the launch of three new products based on the CAC 40 index.
These 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.