MERITZ Securities Co. Ltd. 2025-30.07.30 (Exp.26.07.30) on KAP 3X L JGB 10Y Structured Note (610091.KQ) Price

MERITZ Securities Co. Ltd. 2025-30.07.30 (Exp.26.07.30) on KAP 3X L JGB 10Y Structured Note Price

EUR
TER0.00 %
IndexKAP 3X Leveraged 10-Year Japanese Government Bond Index - KRW - Benchmark TR Net
Funds Launch7/30/2025
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Underlying

KAP
KAP3X Long Daily
KAP

MERITZ Securities Co. Ltd. 2025-30.07.30 (Exp.26.07.30) on KAP 3X L JGB 10Y Structured Note provides 3X daily exposure to KAP.

Leverage & Compounding Risk

This ETF rebalances daily to achieve its 3X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 3X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.

MERITZ Securities Co. Ltd. 2025-30.07.30 (Exp.26.07.30) on KAP 3X L JGB 10Y Structured Note List of Holdings

Frequently asked questions about MERITZ Securities Co. Ltd. 2025-30.07.30 (Exp.26.07.30) on KAP 3X L JGB 10Y Structured Note

MERITZ Securities Co. Ltd. 2025-30.07.30 (Exp.26.07.30) on KAP 3X L JGB 10Y Structured Note is offered by Meritz, a leading player in the field of passive investments.

The ISIN of MERITZ Securities Co. Ltd. 2025-30.07.30 (Exp.26.07.30) on KAP 3X L JGB 10Y Structured Note is KRG610000918.

MERITZ Securities Co. Ltd. 2025-30.07.30 (Exp.26.07.30) on KAP 3X L JGB 10Y Structured Note aims to deliver 3 times the daily return of KAP (long). The leverage resets each trading day, so multi-day returns can differ materially from 3X the underlying's cumulative return.

Volatility decay (also called compounding drag) occurs because MERITZ Securities Co. Ltd. 2025-30.07.30 (Exp.26.07.30) on KAP 3X L JGB 10Y Structured Note rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 3X 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. 2025-30.07.30 (Exp.26.07.30) on KAP 3X L JGB 10Y 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. 2025-30.07.30 (Exp.26.07.30) on KAP 3X L JGB 10Y Structured Note provides 3X daily long exposure to KAP. When KAP moves +1% in a day, MERITZ Securities Co. Ltd. 2025-30.07.30 (Exp.26.07.30) on KAP 3X L JGB 10Y Structured Note targets approximately 3% (before fees).

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

No, MERITZ Securities Co. Ltd. 2025-30.07.30 (Exp.26.07.30) on KAP 3X L JGB 10Y Structured Note does not comply with the EU UCITS investor protection directives.

MERITZ Securities Co. Ltd. 2025-30.07.30 (Exp.26.07.30) on KAP 3X L JGB 10Y Structured Note tracks the performance of the KAP 3X Leveraged 10-Year Japanese Government Bond Index - KRW - Benchmark TR Net.

MERITZ Securities Co. Ltd. 2025-30.07.30 (Exp.26.07.30) on KAP 3X L JGB 10Y Structured Note is domiciled in KR.

The fund was launched on 7/30/2025.

The MERITZ Securities Co. Ltd. 2025-30.07.30 (Exp.26.07.30) on KAP 3X L JGB 10Y Structured Note 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.

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