Mirae Asset -2X KOSDAQ150 72 Fund (520057)

Overview

The Mirae Asset -2X KOSDAQ150 72 Fund is an inverse leveraged exchange-traded fund (ETF) specifically crafted to offer results that are twice the inverse of the KOSDAQ150 Index's daily performance. This financial instrument is predominantly utilized by investors aiming to either benefit from or protect against the declines within the Korean KOSDAQ market, which is heavily influenced by technological sectors. Designed with a daily reset mechanism, this ETF is primarily suited for short-term trading strategies rather than long-term investment objectives due to the compounding effects associated with inverse leverage. Its strategic utility lies in enabling active traders and portfolio managers to engage in speculative short-term strategies or risk management tactics to take advantage of market volatility without necessitating the use of margin accounts.

Products and Services

Mirae Asset -2X KOSDAQ150 72 Fund offers a unique investment product:

• Inverse Leveraged ETF on KOSDAQ150 Index

This ETF is designed to deliver double the inverse performance of the KOSDAQ150 Index daily. The index features 150 key companies from the Korean KOSDAQ market spanning diverse sectors such as biotechnology, semiconductors, and software. This places the ETF as a significant instrument for investors looking to gain exposure to the Korean technology sector, with the distinct advantage of leveraging on the market's downward trends. By investing in this ETF, users are provided with an opportunity to potentially profit from or hedge against market movements amidst the sector's volatility. The ETF's structure as a daily reset product categorizes it as suitable for those interested in short-term investment strategies, focusing on tactical moves in reaction to or in anticipation of market dynamics.