The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States.
The return on the fund is linked to a two times inverse leveraged participation in the performance of the Index, compounded daily, minus the applicable fees.
The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.
Next, the ETNs provide inverse levered exposure to the NYSE FANG+ Index. The ETN seeks a return on the underlying index for a single day.
The NYSE FANG+ Index provides exposure to a group of highly-traded growth stocks of technology and tech-enabled companies.
This includes the five core FANG stocks--Facebook, Apple, Amazon, Netflix and Alphabet’s Google—plus another five actively-traded technology growth stocks—Alibaba, Baidu, NVIDIA, Tesla and Twitter.
Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.
The fund seeks concentrated exposure to 10 stocks in a given sub-sector, or microsector.
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States.
The return on the fund is linked to a two times leveraged participation in the performance of the Index, compounded daily, minus the applicable fees.
The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.
Next, the ETNs provide levered exposure to the NYSE FANG+ Index. The ETN seeks a return on the underlying index for a single day.
The NYSE FANG+ Index provides exposure to a group of highly-traded growth stocks of next generation technology and tech-enabled companies.
This includes the five core FANG stocks--Facebook, Apple, Amazon, Netflix and Alphabet’s Google—plus another five actively-traded technology growth stocks—Alibaba, Baidu, NVIDIA, Tesla and Twitter.
Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.
The fund seeks concentrated exposure to 10 stocks in a given sub-sector, or microsector.
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States.
The return on the fund is linked to inverse exposure in the performance of the Index, compounded daily, minus the applicable fees.
The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.
Next, the ETNs provide inverse exposure to the NYSE FANG+ Index. The ETN seeks a return on the underlying index for a single day.
The NYSE FANG+ Index provides exposure to a group of highly-traded growth stocks of technology and tech-enabled companies.
This includes the five core FANG stocks--Facebook, Apple, Amazon, Netflix and Alphabet’s Google—plus another five actively-traded technology growth stocks—Alibaba, Baidu, NVIDIA, Tesla and Twitter.
Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.
The fund seeks concentrated exposure to 10 stocks in a given sub-sector, or microsector.
