Description

This MiraeAsset ETF, known as TIGER SYNTH-EURO STOXX 50 LEVERAGE(H), is engineered to produce daily returns mirroring twice the performance of the EURO STOXX 50 Index. It aims for this outcome before factoring in management fees and other operational expenses. As a synthetic fund, its investment approach involves utilizing Total Return Swaps (TRS) arranged with various securities firms, rather than directly holding the underlying index constituents.