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00675L

$--
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1d
1w
1m

Analysis and statistics

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About

00675L.TW represents the Fubon FTSE Taiwan Leveraged ETF, traded on the Taiwan Stock Exchange. This Exchange Traded Fund (ETF) aims to provide twice (2x) the daily investment performance of the FTSE Taiwan RIC Capped Index. It employs leverage, meaning it borrows capital to amplify returns (and losses), and therefore carries higher risk compared to non-leveraged ETFs. Investors should understand the complexities of leveraged products and their potential for significant volatility before investing.
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Factors

Index Performance: The price of 00675L.TW closely tracks the performance of the leveraged index it follows. A positive index movement leads to a greater price increase in the ETF, and vice versa.

Leverage Ratio: Being a leveraged ETF, its price changes are amplified compared to the underlying index. Higher leverage means greater potential gains but also greater potential losses.

Market Sentiment: Overall investor sentiment towards the specific sector or market represented by the underlying index can influence demand and therefore the ETF's price.

Interest Rates: Changes in interest rates can impact the cost of borrowing for the ETF to maintain its leverage, thus affecting its value.

Management Fees: The fees charged by the ETF manager can slightly reduce returns compared to the pure leveraged index performance.

Supply and Demand: Basic supply and demand dynamics in the market for 00675L.TW shares can cause price fluctuations, especially in times of high trading volume.

Trading Costs: Brokerage fees and bid-ask spreads can affect the actual cost for investors to buy or sell the ETF, impacting realized returns.

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