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A 3X leveraged ETF is based on the S&P 500 index in the USA. If today, the index rises by 1.5%, the ETF should do
A 3X leveraged ETF is based on the S&P 500 index in the USA. If today, the index rises by 1.5%, the ETF should do what?
a) +1.5% b) +4.5% c)-3% d) +3%
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Financial Markets and Institutions
Authors: Anthony Saunders, Marcia Cornett
6th edition
9780077641849, 77861663, 77641841, 978-0077861667
