ETF NEWS - ULTUMUS

Leveraged Yen ETFs

Written by Ultumus | 28 August 2017

Taiwan

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.