00641R FB TOPIX INI

Fund Details


Investment Objective

Fubon TOPIX Inverse -1X Index ETF seeks investment results that closely track the performance of TOPIX Inverse -1X Index, before fees and expenses. The Base Day for TOPIX Inverse -1X 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.

Fund Characteristic

Fubon TOPIX Inverse -1X Index Exchange Traded Fund is based on the TOPIX Inverse -1X Index. The Index is designed to track the daily inverse performance of TOPIX index. The index constituents include the underlying index which is TOPIX inverse by 1.

Index Description

TOPIX Inverse -1X Index reflect the long-term performance of an investor attaining an inverse of the daily performance of TOPIX Index. The index could provide the analysis and investment tools for the inverse investors.

Principal Investment Strategy

TOPIX Inverse 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.