{"iri":"https://folio.openlegalstandard.org/R7cYu4qJbywhjHFU1Ic441L","label":"Outperformance Certificate","sub_class_of":["https://folio.openlegalstandard.org/R2Kr3kWHR9cR4zALXqt1nM"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"Leveraged Exchange Traded Fund","alternative_labels":["An Outperformance Certificate, also known as a Leveraged ETF, is a financial instrument that allows disproportionate participation in the positive performance of the underlying asset(s) above a certain strike level. These certificates reflect the underlying price movements 1:1, adjusted by the conversion ratio and any related fees, offering a risk profile comparable to direct investment in the underlying asset(s) but with enhanced potential returns in favorable market conditions.","Leveraged Certificate"],"translations":{},"hidden_label":null,"definition":null,"examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}