On Day 1, since the index rose 1%, FAS would seek to provide 3x that return. So the $10,000 investment would rise to $10,300. Because the index rose 1%, the fund's debt-to-equity would be 299% rather than the target of 300%. The fund would need to be reset (rebalanced) beca...
LEVERAGED MARKET-LINKED STEP UP NOTES Filed Pursuant to Rule 433 Registration No. 333-268718 Leveraged Market-Linked Step Up Notes Linked to an International Equity Index Basket Issuer BofA Finance LLC ("BofA Finance") Guarantor Bank of America Corporation ("BAC") Principal Amount $10.00 per ...
Unfortunately, some investors don't use these products as intended, perhaps thinking that a 2x ETP will offer acumulative2x return on whatever the underlying index does during the period they hold the ETP, rather than a series of discrete 2x moves up or down over a series of days. Investors...
The investment seeks return linked to a three times leveraged participation in the daily performance of the NYSE FANG+™ Index, total return (the “index”). The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall divers...
The investment seeks to approximate the returns that might be available to investors through a leveraged “long” investment in the NYSE FANG+™ Index (the index). The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a 2X leveraged participation...
DGPDB Gold Double Long Exchange Traded Notes$112,1592.48%13,920$68.352.47% OILUMicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN$39,6903.41%151,014$28.523.41% WTIUMicroSectors Energy 3X Leveraged ETNs$16,2873.06%63,662$11.773.06% ...
METAis typically associated with Facebook and Instagram. But if Mark Zuckerberg can see into the future, we can add so-called smart glasses to that list. As The Verge notes, many artificial intelligence (AI) wearables have tried and failed to capture the public’s imagination, but the Ray-...
2× Long Leverage: DB Gold Double Long Exchange Traded Notes (DGP) Three-Month Average Daily Volume: 7,019 Performance Over One-Year: -10.5% Expense Ratio: 0.75% Annual Dividend Yield: N/A Assets Under Management: $75.9 million Inception Date: Feb. 27, 2008 ...
The Fund seeks the return on the notes to be linked to a three times leveraged participation in the performance of the S-Network MicroSectors Gold Miners Index. The Index currently tracks the performance of two exchange traded funds, the VanEck Vectors Gold Miners ETF and the VanEck Vectors ...
The Fund seeks for the return of the notes to be linked in a three times leveraged participation in the daily performance of Solactive MicroSectors Oil & Gas Exploration & Production Index. The Index tracks the prices of large-capitalization companies that are active in the exploration and product...