T-Rex 2x LNG Alphabet Daily (GOOX)
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T-Rex 2x LNG Alphabet Daily (GOOX) FAQ
What is the stock price today?
On which exchange is it traded?
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Does it pay dividends? What is the current yield?
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Has T-Rex 2x LNG Alphabet Daily ever had a stock split?
T-Rex 2x LNG Alphabet Daily Profile
| BATS Exchange | US Country |
Overview
The fund described operates in the financial sector, specifically focusing on providing investors with leveraged exposure to Google (GOOG). It achieves this through swap agreements with global financial institutions, aiming to deliver daily returns that are twice (200%) that of Google's performance, based on a significant portion of its net assets and potential borrowings. It's crucial to note that this fund is non-diverse, concentrating its investments primarily in Google. This strategy presents a high-risk, high-reward option for investors seeking substantial gains from the movement of Google's stock price.
Products and Services
- Swap Agreements for GOOG Exposure
This product offers investors the unique opportunity to gain double the daily exposure to Google's stock performance. Through swap agreements with major financial institutions, the fund commits to exchanging the returns earned on Google, equivalent to 200% of the fund’s net assets daily. This service targets investors aiming for aggressive growth in the technology sector, leveraging the performance of one of the most influential companies globally.
