Fubon NASDAQ-100 2X Leveraged Index ETF seeks investment results that closely track the performance of NASDAQ-100 Double Leverage Index, before fees and expenses. The Base Day for NASDAQ-100 Double Leverage Index is Nov 18, 2009. The Base Period is the adjusted market capitalization of all constituents after closing on the Base Day. The Base Index is 1000 points.
Fubon NASDAQ-100 2X Leveraged Index ETF is based on the NASDAQ-100 Double Leverage Index. The Index is designed to track the daily double performance of NASDAQ-100. The index constituents include the underlying index which is NASDAQ-100 multiplied by 2.
NASDAQ-100 Index reflects the long-term performance of an investor attaining the performance of NASDAQ-100 Index. The Index could provide the analysis and investment tools for the US high Tech sectors.
Principal Investment Strategy
Fubon NASDAQ-100 2X Leveraged Index ETF 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.