LUK2
•
Equity
L&G FTSE 100 LEVERAGED (DAILY 2X) UCITS ETF
TER (bps):
50
AUM (USD m):
27
ISIN:
IE00B4QNJJ23
Domicile:
Ireland
Share Class Currency:
GBP
ESG:
No
Geographical Focus:
United Kingdom
As of:
14 Nov 2024
Climate Fund:
No
Benchmark
The FTSE 100 Daily Leveraged Index is designed to replicate a leveraged of the performance which an investor experiences when they track the underlying reference FTSE 100 Index, with a daily reset of the leverage. The Daily Leveraged indexes reflect five aspects of the performance of leveraged indexes: (1) Capital gains associated with the underlying index; (2) Cash dividends paid by the underlying securities net of withholding tax; (3) The financing costs of leverage; (4) The spread between overnight interest rates and the longer term 12 month interest rate, and (5) Index rebalancing costs.
PERFORMANCE
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