MiraeAsset 2X Inverse HongKong H Future ETNH 84 (520069.KQ) Price

MiraeAsset 2X Inverse HongKong H Future ETNH 84 is offered by Mirae Asset, a leading player in the field of passive investments.

The ISIN of MiraeAsset 2X Inverse HongKong H Future ETNH 84 is KRG520000693.

MiraeAsset 2X Inverse HongKong H Future ETNH 84 aims to deliver 2 times the daily return of ETNH (short/inverse). 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 Inverse HongKong H Future ETNH 84 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 Inverse HongKong H Future ETNH 84 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 Inverse HongKong H Future ETNH 84 provides 2X daily short/inverse exposure to ETNH. When ETNH moves +1% in a day, MiraeAsset 2X Inverse HongKong H Future ETNH 84 targets approximately 2% (before fees).

European investors may incur additional costs for currency exchange and transaction fees.

No, MiraeAsset 2X Inverse HongKong H Future ETNH 84 does not comply with the EU UCITS investor protection directives.

MiraeAsset 2X Inverse HongKong H Future ETNH 84 tracks the performance of the Bloomberg China -2x Inverse HCFuture Tracker LT-6SD 4DR Monthly 80% Funded Index - KRW - Benchmark TR Net.

MiraeAsset 2X Inverse HongKong H Future ETNH 84 is domiciled in KR.

The fund was launched on 11/8/2023.

The MiraeAsset 2X Inverse HongKong H Future ETNH 84 mainly invests in Total Market 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.