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MIG

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    21.5907$
  • Previous Close
    21.5992$
  • 52 Week Change
    --
  • Day Range
    -0.01$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

MIG.US represents the GraniteShares 1.75x Long MGAM ETF. This ETF aims to provide 1.75 times the daily performance of the MGAM Global Smaller Companies UCITS Index. It allows investors to gain leveraged exposure to a diversified portfolio of smaller companies across global markets.
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Factors

Underlying Holdings: The price of MIG.US is primarily determined by the value of the underlying mortgage-backed securities (MBS) it holds.

Interest Rate Changes: Rising interest rates typically decrease the value of MBS as older, lower-yielding mortgages become less attractive.

Credit Risk: Perceived creditworthiness of the mortgages within the MBS portfolio affects investor demand and thus the ETF price.

Prepayment Risk: Higher prepayment rates (homeowners paying off mortgages early) can negatively impact MBS value.

Supply and Demand: Basic supply and demand dynamics in the ETF market itself can influence its price.

Market Sentiment: Overall investor sentiment toward the housing market and fixed income investments plays a role.

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