KSM ETF (00) Tel Gov Short Shekel 5+ Units (KSM.F153.TA) Price
KSM ETF (00) Tel Gov Short Shekel 5+ Units Price
Underlying
KSM ETF (00) Tel Gov Short Shekel 5+ Units provides 1X inversedaily exposure to KSM.
KSM ETF (00) Tel Gov Short Shekel 5+ Units List of Holdings
Frequently asked questions about KSM ETF (00) Tel Gov Short Shekel 5+ Units
KSM ETF (00) Tel Gov Short Shekel 5+ Units is offered by KSM, a leading player in the field of passive investments.
The ISIN of KSM ETF (00) Tel Gov Short Shekel 5+ Units is IL0011471807.
KSM ETF (00) Tel Gov Short Shekel 5+ Units aims to deliver 1 times the daily return of KSM (short/inverse). 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 KSM ETF (00) Tel Gov Short Shekel 5+ Units 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 KSM ETF (00) Tel Gov Short Shekel 5+ Units 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.
KSM ETF (00) Tel Gov Short Shekel 5+ Units provides 1X daily short/inverse exposure to KSM. When KSM moves +1% in a day, KSM ETF (00) Tel Gov Short Shekel 5+ Units targets approximately 1% (before fees).
The total expense ratio of KSM ETF (00) Tel Gov Short Shekel 5+ Units is 0.33%, which means that investors pay 33.00 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, KSM ETF (00) Tel Gov Short Shekel 5+ Units does not comply with the EU UCITS investor protection directives.
KSM ETF (00) Tel Gov Short Shekel 5+ Units tracks the performance of the Tel Gov - Shekel 5+ Index - ILS - Israeli Shekel - Benchmark TR Gross.
KSM ETF (00) Tel Gov Short Shekel 5+ Units is domiciled in IL.
The fund was launched on 12/16/2018.
The KSM ETF (00) Tel Gov Short Shekel 5+ Units mainly invests in Investment Grade companies.
The NAV of KSM ETF (00) Tel Gov Short Shekel 5+ Units amounts to 59.03 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
KSM ETF (00) Tel Gov Short Shekel 5+ Units