MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 (520064.KQ) Price
MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 Price
Underlying
MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 provides 2X daily exposure to ETN.
Leverage & Compounding Risk
This ETF rebalances daily to achieve its 2X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 2X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.
MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 List of Holdings
Frequently asked questions about MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79
MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 is offered by Mirae Asset, a leading player in the field of passive investments.
The ISIN of MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 is KRG520000644.
MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 aims to deliver 2 times the daily return of ETN (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X 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 MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 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.
MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 provides 2X daily long exposure to ETN. When ETN moves +1% in a day, MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 targets approximately 2% (before fees).
European investors may incur additional costs for currency exchange and transaction fees.
No, MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 does not comply with the EU UCITS investor protection directives.
MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 tracks the performance of the S&P Ultra T-Bond Futures 2X Leveraged Index - Benchmark TR Net.
MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 is domiciled in KR.
The fund was launched on 6/28/2023.
The MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 mainly invests in Investment Grade companies.
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
MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79