Samjeon/Nix Double ETF is about to launch... Source
Samjeon/Nix Double ETF is about to launch... Source - A single-stock leveraged ETF will be launched later this month that follows Samsung Electronics and SK Hynix by ±2 times, respectively. - Mirae Asset Securities predicted that funds could flow into related ETFs up to 1.7 trillion won on a passive basis and up to 5.3 trillion won on an active basis. - However, most of them are funds moved from existing common stock, semiconductor ETFs, and overseas ETPs, and new demand is expected to be around 12-15%. - We need to be cautious as short-term volatility may increase due to supply and demand…
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