FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R7cYu4qJbywhjHFU1Ic441L
Label Outperformance Certificate
Preferred Label Leveraged Exchange Traded Fund
Identifier N/A
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

Definition

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Additional Information

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