MERITZ SECURITIES CO LTD 2023-19.10.33 (Exp.17.10.33) on KAP Inverse 2X JPY Structured Note (610070.KQ) Price

MERITZ SECURITIES CO LTD 2023-19.10.33 (Exp.17.10.33) on KAP Inverse 2X JPY Structured Note is offered by Meritz, a leading player in the field of passive investments.

The ISIN of MERITZ SECURITIES CO LTD 2023-19.10.33 (Exp.17.10.33) on KAP Inverse 2X JPY Structured Note is KRG610000702.

MERITZ SECURITIES CO LTD 2023-19.10.33 (Exp.17.10.33) on KAP Inverse 2X JPY Structured Note aims to deliver 2 times the daily return of CO (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 MERITZ SECURITIES CO LTD 2023-19.10.33 (Exp.17.10.33) on KAP Inverse 2X JPY Structured Note 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 MERITZ SECURITIES CO LTD 2023-19.10.33 (Exp.17.10.33) on KAP Inverse 2X JPY Structured Note 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.

MERITZ SECURITIES CO LTD 2023-19.10.33 (Exp.17.10.33) on KAP Inverse 2X JPY Structured Note provides 2X daily short/inverse exposure to CO. When CO moves +1% in a day, MERITZ SECURITIES CO LTD 2023-19.10.33 (Exp.17.10.33) on KAP Inverse 2X JPY Structured Note targets approximately 2% (before fees).

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

No, MERITZ SECURITIES CO LTD 2023-19.10.33 (Exp.17.10.33) on KAP Inverse 2X JPY Structured Note does not comply with the EU UCITS investor protection directives.

MERITZ SECURITIES CO LTD 2023-19.10.33 (Exp.17.10.33) on KAP Inverse 2X JPY Structured Note tracks the performance of the KAP Inverse 2X Japanese Yen Index - KRW - Benchmark TR Gross.

MERITZ SECURITIES CO LTD 2023-19.10.33 (Exp.17.10.33) on KAP Inverse 2X JPY Structured Note is domiciled in KR.

The fund was launched on 10/20/2023.

The MERITZ SECURITIES CO LTD 2023-19.10.33 (Exp.17.10.33) on KAP Inverse 2X JPY Structured Note mainly invests in etf_invseg_Long KRW, 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.