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00715L

$--
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1d
1w
1m

Analysis and statistics

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About

The ETF with the ticker symbol 00715L.TW on the Taiwan Stock Exchange is the Yuanta Taiwan Top 50 Inverse 1x ETF. This fund seeks to provide investment results that, before fees and expenses, correspond to the inverse (-1x) of the daily performance of the FTSE Taiwan RIC Capped Index. In simpler terms, it is designed to perform the opposite of how the top 50 largest companies in Taiwan perform on a daily basis. Investors use this ETF to hedge their existing portfolio or to profit from anticipated declines in the Taiwanese stock market. However, due to the daily rebalancing, the performance of the fund may deviate from the inverse of the index over longer periods. It's crucial for investors to understand the risks associated with inverse ETFs before investing.
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Factors

[Underlying Index Performance]: 00715L.TW is an inverse ETF, so its price moves in the opposite direction of the underlying index (likely the Taiwan Stock Exchange Capitalization Weighted Stock Index). If the index goes up, 00715L.TW's price generally goes down, and vice versa.

[Demand and Supply]: Market demand for and supply of 00715L.TW shares influence its price. Higher demand can drive the price up, while higher supply can push it down.

[Management Fees and Expenses]: The ETF's management fees and operating expenses are deducted from its returns, impacting its overall performance and price.

[Leverage Factor]: As an inverse ETF, it's leveraged. This amplifies both gains and losses compared to a non-leveraged inverse fund.

[Market Sentiment]: Overall investor sentiment towards the Taiwan stock market and the economy affects the demand for inverse ETFs like 00715L.TW.

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