Fubon TOPIX Leveraged 2x Index ETF seeks investment results that closely track the performance of TOPIX Leveraged 2X Index, before fees and expenses. The Base Day for TOPIX Leveraged 2X Index is Dec 31, 2011. The Base Period is the adjusted market capitalization of all constituents after closing on the Base Day. The Base Index is 10000 points.
Fubon TOPIX Leveraged 2X Index Exchange Traded Fund is based on the TOPIX Leveraged 2X Index. The Index is designed to track the daily double performance of TOPIX index. The index constituents include the underlying index which is TOPIX multiplied by 2.
TOPIX Leveraged 2X Index reflect the long-term performance of an investor attaining a multiple of the daily performance of TOPIX Index. The index could provide the analysis and investment tools for the leveraged investors.
Principal Investment Strategy
TOPIX Leverage would utilize the variety of combination of derivatives and physical stock to minimized the tracking errors and cost in order to deliver the correspond to the performance of the target index.