00676R FB TAIEX INI

Fund Details


Investment Objective

Fubon TAIEX Daily -1X Inverse ETF seeks investment results that closely track the performance of TAIEX Daily Return Inverse -1X Index, before fees and expenses. The Base Day for TAIEX Daily Return Inverse -1X Index is Aug 31, 2015. 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 TAIEX Daily -1X Inverse ETF is based on the TAIEX Daily Return Inverse -1X Index. The Index is designed to track the daily double performance of TAIEX Index. The index constituents include the underlying index which is TAIEX Index multiplied by -1.

Principal Investment Strategy

Fubon TAIEX Daily -1X Inverse 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.