Description

Managed by CSOP Asset Management Limited, this exchange-traded fund, officially known as the CSOP Hang Seng China Enterprises Index Daily (2x) Leveraged Product and belonging to the CSOP Leveraged and Inverse Series, directs its investments into publicly listed companies within Hong Kong's equity markets. The fund leverages financial derivatives, such as futures contracts, to gain exposure to a broad spectrum of companies spanning various industries and encompassing all market capitalization sizes. Its primary goal is to achieve a daily return that is double the performance of the Hang Seng China Enterprises Index. This product was launched in Hong Kong on March 14, 2017, where it remains domiciled.