Overview
Description
The Direxion Daily China A Share Bull 2X ETF is a leveraged exchange-traded fund designed to provide twice the daily performance of the CSI 300 Index, which comprises the top 300 stocks on the Shanghai and Shenzhen stock exchanges in China. This ETF primarily aims to serve investors seeking amplified exposure to the Chinese A-share market, giving them significant leverage to short-term movements within this segment. The fund achieves its objective by using various financial instruments, including derivatives and swaps, to replicate the double performance of its benchmark index. Impacting sectors across finance, technology, consumer goods, and industrials, the ETF provides a concentrated focus on China's pivotal growth industries. Playing a critical role in financial markets, the Direxion Daily China A Share Bull 2X ETF offers a powerful tool for seasoned investors who aim to capitalize on China's dynamic economic landscape, albeit with corresponding increased risk due to its leveraged nature.
About
Address
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Phone
866-476-7523
Website
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Instrument type
ETF
Country
Germany
MIC code
XBER