Tachlit SAL (60) Long Leveraged 3 TA 35 Monthly (TCH.F98.TA) Price
Tachlit SAL (60) Long Leveraged 3 TA 35 Monthly Price
Underlying
Tachlit SAL (60) Long Leveraged 3 TA 35 Monthly provides 1X daily exposure to SAL.
Tachlit SAL (60) Long Leveraged 3 TA 35 Monthly List of Holdings
Frequently asked questions about Tachlit SAL (60) Long Leveraged 3 TA 35 Monthly
Tachlit SAL (60) Long Leveraged 3 TA 35 Monthly is offered by Tachlit, a leading player in the field of passive investments.
The ISIN of Tachlit SAL (60) Long Leveraged 3 TA 35 Monthly is IL0011447088.
Tachlit SAL (60) Long Leveraged 3 TA 35 Monthly aims to deliver 1 times the daily return of SAL (long). The leverage resets each trading day, so multi-day returns can differ materially from 1X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because Tachlit SAL (60) Long Leveraged 3 TA 35 Monthly rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 1X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.
Leveraged ETFs like Tachlit SAL (60) Long Leveraged 3 TA 35 Monthly are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.
Tachlit SAL (60) Long Leveraged 3 TA 35 Monthly provides 1X daily long exposure to SAL. When SAL moves +1% in a day, Tachlit SAL (60) Long Leveraged 3 TA 35 Monthly targets approximately 1% (before fees).
The total expense ratio of Tachlit SAL (60) Long Leveraged 3 TA 35 Monthly is 1.28%, which means that investors pay 128.00 ILS per 10,000 ILS in investment capital annually.
The ETF is listed in ILS.
European investors may incur additional costs for currency exchange and transaction fees.
No, Tachlit SAL (60) Long Leveraged 3 TA 35 Monthly does not comply with the EU UCITS investor protection directives.
Tachlit SAL (60) Long Leveraged 3 TA 35 Monthly tracks the performance of the TA-35 Index.
Tachlit SAL (60) Long Leveraged 3 TA 35 Monthly is domiciled in IL.
The fund was launched on 12/16/2018.
The Tachlit SAL (60) Long Leveraged 3 TA 35 Monthly mainly invests in Large Cap companies.
The NAV of Tachlit SAL (60) Long Leveraged 3 TA 35 Monthly amounts to 80.69 M ILS.
Investments can be made through brokers or financial institutions that provide access to trading ETFs.
The ETF is traded on the stock exchange, similar to stocks.
Yes, the ETF can be held in a regular securities account.
The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.
The ETF is valued on a daily stock exchange basis.
Information on dividends should be requested from the provider's website or your broker.
The risks include market fluctuations, currency risks, and the risk associated with smaller companies.
The ETF is obligated to report regularly and transparently on its investments.
The performance can be viewed on Eulerpool or directly on the provider's website.
Further information can be found on the official website of the provider.
ETF profile
Tachlit SAL (60) Long Leveraged 3 TA 35 Monthly