Samsung Securities Lists 2X Leverage and Inverse Nasdaq ETNs

[Asia Economy Reporter Song Hwajeong] Samsung Securities announced on the 24th that it has newly listed the 'Samsung Leverage Nasdaq 100 Exchange Traded Note (ETN)', which tracks the Nasdaq 100 index?an index composed of 100 blue-chip companies listed on the US Nasdaq market?at 2x leverage, and the 'Samsung Inverse 2X Nasdaq 100 ETN', which tracks the index at -2x leverage.

The US Nasdaq market is centered around large tech companies such as Apple, Google, and Microsoft, and the Nasdaq 100 index is composed of 100 blue-chip technology stocks selected from these listed companies.

Investors can conveniently invest in representative companies of new growth industries such as technology stocks leading the 4th Industrial Revolution, IT services, and healthcare all at once through the Samsung Leverage Nasdaq 100 ETN, while the Samsung Inverse 2X Nasdaq 100 ETN allows investment in the downward volatility of the Nasdaq 100 index.

The constituent stocks of these products include Google, Amazon, Facebook, Apple, etc., and the composition is regularly updated every December.

The Samsung Leverage Nasdaq 100 ETN(H) and Samsung Inverse 2X Nasdaq 100 ETN(H) can be traded until December 4, 2023.

A Samsung Securities official explained, "We launched these products to allow investors to take both investment positions in the rising and falling markets of the Nasdaq 100 index, which selects only blue-chip stocks from the Nasdaq index," adding, "Since currency hedging is applied, investors do not need to worry about exchange rate declines."

This content was produced with the assistance of AI translation services.