Vad är ISIN för MERITZ SECURITIES MERITZ 3X Leverage KTB 5Y ETN 57?

ISIN för MERITZ SECURITIES MERITZ 3X Leverage KTB 5Y ETN 57 är KRG610000579.

What does leveraged daily exposure mean for MERITZ SECURITIES MERITZ 3X Leverage KTB 5Y ETN 57?

MERITZ SECURITIES MERITZ 3X Leverage KTB 5Y ETN 57 aims to deliver 3 times the daily return of KTB (long). The leverage resets each trading day, so multi-day returns can differ materially from 3X the underlying's cumulative return.

What is volatility decay and how does it affect MERITZ SECURITIES MERITZ 3X Leverage KTB 5Y ETN 57?

Volatility decay (also called compounding drag) occurs because MERITZ SECURITIES MERITZ 3X Leverage KTB 5Y ETN 57 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.

MERITZ SECURITIES MERITZ 3X Leverage KTB 5Y ETN 57 (610057.KQ) Kurs

MERITZ SECURITIES MERITZ 3X Leverage KTB 5Y ETN 57 Kurs

—EUR

PRO

TER0,00 %

IndexKAP 3X Leveraged 5-Year Treasury Bond Index - KRW - Benchmark TR Gross

Fondens startdatum2022-12-21

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Underliggande

KTB

KTB3X Long Daily

KTB

MERITZ SECURITIES MERITZ 3X Leverage KTB 5Y ETN 57 ger 3X daglig exponering för KTB.

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.