Mirae Asset Securities Co., Ltd Structured Note 2024-03.12.27 (Exp.01.12.27) on Bb US Auto Vehicles 2x index (520083.KQ) Price

Mirae Asset Securities Co., Ltd Structured Note 2024-03.12.27 (Exp.01.12.27) on Bb US Auto Vehicles 2x index Price

EUR
TER0.00 %
IndexBloomberg US Autonomous Vehicles Select 2X Daily Leveraged Index - KRW - Benchmark TR Net
Funds Launch12/11/2024
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Underlying

US
US2X Long Daily
US

Mirae Asset Securities Co., Ltd Structured Note 2024-03.12.27 (Exp.01.12.27) on Bb US Auto Vehicles 2x index provides 2X daily exposure to US.

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.

Mirae Asset Securities Co., Ltd Structured Note 2024-03.12.27 (Exp.01.12.27) on Bb US Auto Vehicles 2x index List of Holdings

Frequently asked questions about Mirae Asset Securities Co., Ltd Structured Note 2024-03.12.27 (Exp.01.12.27) on Bb US Auto Vehicles 2x index

Mirae Asset Securities Co., Ltd Structured Note 2024-03.12.27 (Exp.01.12.27) on Bb US Auto Vehicles 2x index is offered by Mirae Asset, a leading player in the field of passive investments.

The ISIN of Mirae Asset Securities Co., Ltd Structured Note 2024-03.12.27 (Exp.01.12.27) on Bb US Auto Vehicles 2x index is KRG520000834.

Mirae Asset Securities Co., Ltd Structured Note 2024-03.12.27 (Exp.01.12.27) on Bb US Auto Vehicles 2x index aims to deliver 2 times the daily return of US (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 Mirae Asset Securities Co., Ltd Structured Note 2024-03.12.27 (Exp.01.12.27) on Bb US Auto Vehicles 2x index 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 Mirae Asset Securities Co., Ltd Structured Note 2024-03.12.27 (Exp.01.12.27) on Bb US Auto Vehicles 2x index 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.

Mirae Asset Securities Co., Ltd Structured Note 2024-03.12.27 (Exp.01.12.27) on Bb US Auto Vehicles 2x index provides 2X daily long exposure to US. When US moves +1% in a day, Mirae Asset Securities Co., Ltd Structured Note 2024-03.12.27 (Exp.01.12.27) on Bb US Auto Vehicles 2x index targets approximately 2% (before fees).

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

No, Mirae Asset Securities Co., Ltd Structured Note 2024-03.12.27 (Exp.01.12.27) on Bb US Auto Vehicles 2x index does not comply with the EU UCITS investor protection directives.

Mirae Asset Securities Co., Ltd Structured Note 2024-03.12.27 (Exp.01.12.27) on Bb US Auto Vehicles 2x index tracks the performance of the Bloomberg US Autonomous Vehicles Select 2X Daily Leveraged Index - KRW - Benchmark TR Net.

Mirae Asset Securities Co., Ltd Structured Note 2024-03.12.27 (Exp.01.12.27) on Bb US Auto Vehicles 2x index is domiciled in KR.

The fund was launched on 12/11/2024.

The Mirae Asset Securities Co., Ltd Structured Note 2024-03.12.27 (Exp.01.12.27) on Bb US Auto Vehicles 2x index mainly invests in Topic 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.

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