A price-weighted index of the 30 most heavily traded stocks on the German (Frankfurt) stock market. It is the most observed indicator for the development of prices on the total German market.

A portfolio strategy designed to reduce exposure to risk by combining a variety of investments that are unlikely to move in the same direction. The goal of diversification is to reduce the overall risk in a portfolio. In general, diversification reduces both the upside and downside performance potential of a portfolio to allow for a more consistent performance under a wide range of economic conditions.

The specific day on which investors can subscribe (buy) or redeem (sell) their holding in a product, as detailed in the relevant product prospectus. The dealing day can be weekly, monthly or quarterly, depending on whether the product is valued weekly or monthly.

The sensitivity of an option price to moves in the price of the underlying asset.

Financial contracts such as futures [see Futures], options and various securities that offer 'synthetic' access to an underlying asset such as a commodity, stock market or fixed income security. The price movements of a derivative generally follow the price movements of the underlying asset but derivatives generally require only small amounts of capital (margin) to gain exposure to the underlying asset.

Main U.S. Index of the biggest 30 industrial companies.

An investment is said to be in a drawdown when its price falls below its last peak [see Net new high]. The drawdown is the percentage drop in the price of an investment from its last peak price. The period between the peak level and the trough is called the length of the drawdown, and the period between the trough and the recapturing of the peak is called the recovery. The worst or maximum drawdown represents the greatest peak to trough decline over the life of an investment.