The aim is for your investment to reflect the performance of the FTSE 100 Daily Short Index (the "Reference Index") which is designed to reflect the opposite performance of the FTSE 100 Total Return Declared Dividend Index on a daily basis plus a rate of interest and minus borrowing costs. This means that the level of the Reference Index should rise when the FTSE 100 Total Return Declared Dividend Index falls and fall when the FTSE 100 Total Return Declared Dividend Index rises on a daily basis.