Taiwan’s preference for leveraged and short ETFs is on display again today, with major investment house Yuanta Securities listing two new leveraged and one new short ETF in Taipei. ( Leveraged ETFs are most popular with Taiwanese retail investors.)
Of Yuanta’s three new ETFS, 00706L and 00707R will track Japanese yen futures via indexes put together by S&P. 00706L will give 2x leveraged exposure to yen futures; 00707R will give 1x inverse.
The third new ETF, 00708L, will track gold futures and give 2x leveraged exposure.