Kenanga KLCI Daily 2X Leveraged ETF (0834EA.KL) Price

Kenanga KLCI Daily 2X Leveraged ETF is offered by OneETF, a leading player in the field of passive investments.

The ISIN of Kenanga KLCI Daily 2X Leveraged ETF is MYL0834EA001.

Kenanga KLCI Daily 2X Leveraged ETF aims to deliver 2 times the daily return of KLCI (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 Kenanga KLCI Daily 2X Leveraged ETF 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 Kenanga KLCI Daily 2X Leveraged ETF 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.

Kenanga KLCI Daily 2X Leveraged ETF provides 2X daily long exposure to KLCI. When KLCI moves +1% in a day, Kenanga KLCI Daily 2X Leveraged ETF targets approximately 2% (before fees).

The ETF is listed in MYR.

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

No, Kenanga KLCI Daily 2X Leveraged ETF does not comply with the EU UCITS investor protection directives.

Kenanga KLCI Daily 2X Leveraged ETF tracks the performance of the FTSE Bursa Malaysia KLCI 2x Daily Leveraged Index - MYR - Benchmark Price Return.

Kenanga KLCI Daily 2X Leveraged ETF is domiciled in MY.

The fund was launched on 1/13/2020.

The Kenanga KLCI Daily 2X Leveraged ETF mainly invests in Large Cap companies.

The NAV of Kenanga KLCI Daily 2X Leveraged ETF amounts to 2.58 M MYR.

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.