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00653L

47.26000 TWD
0.48
1.01%
Last update May 8, 1:24 PM CST
Market closed
Day range
47.049999
47.55000
Previous close
47.74000
Open
47.36000
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Fubon Nifty 2x Leverage Index ETF
47.26
0.48
1.01%

Overview

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Description

Fubon Nifty 2x Leverage Index ETF is an exchange-traded fund designed to amplify the performance of its underlying index, the Nifty 50 Index. By employing financial instruments that aim to multiply the returns, this ETF seeks to deliver twice (2x) the daily performance of the Nifty 50. This leveraged fund is particularly attractive to investors seeking to capitalize on short-term movements in the Indian equity market, offering an intensified exposure to one of India's major stock market benchmarks. The Nifty 50 includes 50 of the largest and most liquid stocks traded on the National Stock Exchange of India, covering a wide spectrum of industries, such as finance, technology, consumer goods, and energy. Fubon Nifty 2x Leverage Index ETF enables hedge strategies and short-term investments for traders interested in gaining enhanced returns from market movements. Its role in the financial market is significant for speculative traders and those utilizing leverage as a tool to achieve market-centric gains without direct stock purchases.

About

Address
Phone
+886 2 87716688
Website
Instrument type
ETF
Country
Taiwan
MIC code
XTAI
Access /profile data via our API — starting from the Grow plan (individual) and the Venture plan (business) and above.
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