Overview
Description
The 3x U.S. Tech 100 Mutual Fund is a leveraged mutual fund designed to amplify the returns of the U.S. technology sector. This fund primarily focuses on tracking the performance of the top 100 non-financial companies listed on the NASDAQ stock exchange, providing exposure to a diversified cross-section of influential technology firms. Leveraging financial derivatives, it aims to deliver three times the daily performance of the NASDAQ-100 Index, magnifying both the potential returns and risks associated with short-term investment strategies.
Notable for its capacity to deliver high volatility, the 3x U.S. Tech 100 Mutual Fund is particularly suited for sophisticated investors seeking to capitalize on rapid market movements within the tech industry. By concentrating on technology giants such as Apple, Microsoft, and Amazon, the fund plays a pivotal role in the financial market by offering investors a vehicle to exploit intra-day price movements or hedge their current portfolios quickly. This mutual fund exemplifies the dynamism and innovation characteristic of the tech sector, positioning itself as a vital tool for tactical traders who thrive on the quick-paced nature of contemporary global markets.
About
CEO
Employees
0
Address
—
Phone
—
Website
—
Instrument type
Common stock
Sector
Industry
Country
Germany
MIC code
XETR