TWSE Press Release

Yuanta U.S. 7-10 Year Bond 2x Daily and Inverse 1X ETF to be listed on June 23

Publish Date︰2017/06/22 17:37

TWSE announces that public offering of Yuanta U.S. Treasury 7-10 Year Bond 2x Daily ETF ( code: 00698L) and Yuanta U.S. Treasury 7-10 Year Bond Inverse 1X ETF (code: 00699R) had been approved by the competent authority. The ETFs are expected to be listed on June 23, making the total number of ETFs to 80 on the TWSE.

 

TWSE states that the underlying indexes of the two ETFs are ICE U.S. Treasury 7-10 Year Bond 2X Leveraged Index and the ICE. U.S. Treasury 7-10 Year Bond 1X Inverse Index, and the original index is the ICE. U.S. Treasury 7-10 Year Bond Index. The underlying indexes reflect two times the positive single-day return and one time the negative return of the original index respectively. Those indexes are compiled by the Intercontinental Exchange (ICE). Selection of the constituents follows criteria such as USD-denominated bonds, US$300 million outstanding par value, fixed interest rates, and more than 7 years but not more than 10 years to maturity.

 

More and more different kinds of ETFsare appearing in Taiwan's market. TWSE would like to remind investors that leveraged ETFs and inverse ETFs differ from conventional ETFs. The positive and negative multiples apply only to daily returns. TWSE would like to urge investors to read the prospectus in detail before placing orders.

 

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