Key stats
About CHINA ASSET MANAGEMENT (HK) NASDAQ 100 INDEX DAILY 2X LEV PROD ETF
Home page
Inception date
Sep 28, 2016
Replication method
Synthetic
Dividend treatment
Capitalizes
Primary advisor
China Asset Management (Hong Kong) Ltd.
ISIN
HK0000306594
ChinaAMC Direxion NASDAQ-100 Daily (2x) Leveraged Product is a closed end, mutual fund (MUC) that aims to provide investment services. It focuses on the provision of daily investment results, before fees and expenses, which closely correspond to twice (2x) the Daily performance of the Index. The company is headquartered in Hong Kong.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other95.20%
Cash95.20%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
7261 trades at 31.44 HKD today, its price hasn't changed in the past 24 hours. Track more dynamics on 7261 price chart.
7261 net asset value is 31.40 today — it's risen 36.11% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
7261 assets under management is 87.11 M HKD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
7261 price has risen by 28.85% over the last month, and its yearly performance shows a 9.17% increase. See more dynamics on 7261 price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 36.11% over the last month, showed a −11.37% decrease in three-month performance and has increased by 14.93% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 36.11% over the last month, showed a −11.37% decrease in three-month performance and has increased by 14.93% in a year.
7261 fund flows account for 15.41 B HKD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
7261 invests in cash. See more details in our Analysis section.
7261 expense ratio is 0.99%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, 7261 is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, 7261 technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating 7261 shows the strong buy signal. See more of 7261 technicals for a more comprehensive analysis.
Today, 7261 technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating 7261 shows the strong buy signal. See more of 7261 technicals for a more comprehensive analysis.
No, 7261 doesn't pay dividends to its holders.
7261 trades at a premium (0.21%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
7261 shares are issued by CITIC Securities Co., Ltd.
7261 follows the NASDAQ 100 Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 28, 2016.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.