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00685L

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--%
1d
1w
1m

Analysis and statistics

  • Open
    169.7734$
  • Previous Close
    173.1696$
  • 52 Week Change
    --
  • Day Range
    -3.40$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The ETF with the financial product symbol 00685L.TW refers to Cathay Taiwan Market Leverage ETF (國泰臺灣加權正2). This ETF is designed to provide twice the daily investment results of the Taiwan Stock Exchange Capitalization Weighted Stock Index (TAIEX). As a leveraged ETF, it aims to amplify the returns of the underlying index but also magnifies potential losses, making it a higher-risk investment product suitable for sophisticated investors with a short-term investment horizon.
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Factors

Constituent Stock Prices: The ETF's price is primarily driven by the prices of the stocks it holds. A rise in the weighted average price of these stocks leads to an increase in the ETF's value.

Supply and Demand: Market forces significantly influence the ETF price. Higher demand generally pushes the price up, while increased selling pressure can cause it to decrease.

Index Tracking: The ETF aims to mirror the performance of its benchmark index. Deviations from the index's return can affect its price, creating tracking error.

Management Fees: The ETF's operating expenses, including management fees, indirectly impact its price by reducing the overall return to investors.

Market Sentiment: General investor optimism or pessimism can influence the ETF's price, even if the underlying assets remain relatively stable.

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