This fund aims to deliver performance opposite to that of the FTSE 100 on a daily basis. It replicates this inverse performance of (or shorts) the FTSE 100 through the use of derivatives (swaps). Dividends are not paid on shares. This product declines in value when the FTSE 100 increases in value. The fund may also decline significantly in value if a counterparty defaults on a derivative contract. These products are designed to be held for very short time frames and there is no guarantee that they will replicate the performance of the underlying index beyond one day. To find out more, visit What is an inverse ETF? - Invest Hub | Freetrade.