Aká je ISIN spoločnosti NEXT NOTES Gold Futures Bear ETN?

ISIN spoločnosti NEXT NOTES Gold Futures Bear ETN je JP5528250003

What does leveraged daily exposure mean for NEXT NOTES Gold Futures Bear ETN?

NEXT NOTES Gold Futures Bear ETN aims to deliver 1 times the daily return of NEXT (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 1X the underlying's cumulative return.

What is volatility decay and how does it affect NEXT NOTES Gold Futures Bear ETN?

Volatility decay (also called compounding drag) occurs because NEXT NOTES Gold Futures Bear ETN rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 1X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

NEXT NOTES Gold Futures Bear ETN

Kurs

— EUR

Dnes +/-

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Dnes %

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TER0,8 %

AUM2,02 Miliarda JPY

IndexNikkei-JPX Inverse Gold Index - JPY - Benchmark TR Gross

MenaJPY

Začiatok fondu4. 4. 2013