Korea Investment & Securities TRUE Inverse 2X Japanese Yen Futures ETN 96 (570096.KQ) Price

Korea Investment & Securities TRUE Inverse 2X Japanese Yen Futures ETN 96 is offered by Korea Investment & Securities, a leading player in the field of passive investments.

The ISIN of Korea Investment & Securities TRUE Inverse 2X Japanese Yen Futures ETN 96 is KRG570000965.

Korea Investment & Securities TRUE Inverse 2X Japanese Yen Futures ETN 96 aims to deliver 2 times the daily return of TRUE (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 Korea Investment & Securities TRUE Inverse 2X Japanese Yen Futures ETN 96 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 Korea Investment & Securities TRUE Inverse 2X Japanese Yen Futures ETN 96 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.

Korea Investment & Securities TRUE Inverse 2X Japanese Yen Futures ETN 96 provides 2X daily short/inverse exposure to TRUE. When TRUE moves +1% in a day, Korea Investment & Securities TRUE Inverse 2X Japanese Yen Futures ETN 96 targets approximately 2% (before fees).

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

No, Korea Investment & Securities TRUE Inverse 2X Japanese Yen Futures ETN 96 does not comply with the EU UCITS investor protection directives.

Korea Investment & Securities TRUE Inverse 2X Japanese Yen Futures ETN 96 tracks the performance of the Yen Futures Inverse-2X Index - KRW - Benchmark Price Return.

Korea Investment & Securities TRUE Inverse 2X Japanese Yen Futures ETN 96 is domiciled in KR.

The fund was launched on 8/10/2023.

The Korea Investment & Securities TRUE Inverse 2X Japanese Yen Futures ETN 96 mainly invests in Long USD, Short JPY 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.