Overview
Description
Direxion Daily FTSE China Bull 3x Shares is an exchange-traded fund (ETF) designed to provide investors with leveraged exposure to the FTSE China 50 Index. This financial instrument aims to deliver three times the daily performance of the index, making it a suitable choice for those looking to amplify their exposure to China's large-cap market. The ETF focuses on prominent Chinese stocks, typically including high-profile firms across various sectors like technology, finance, and consumer goods. Managed by Direxion Investments, it plays a significant role for traders seeking short-term tactical exposure to movements in the Chinese equities market. Moreover, due to its leveraged nature, it's primarily utilized by sophisticated investors who aim to capitalize on short-term market trends while understanding the increased risk potential.
About
Address
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Phone
866-476-7523
Website
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Instrument type
ETF
Country
Mexico
MIC code
XMEX