The investment seeks to provide a monthly compounded 2x leveraged long exposure to the price return version of the FTSE NAREIT All Mortgage Capped Index (the 'index'). The index measures the composite performance of tax-qualified U.S. mortgage real estate investment trusts ('Mortgage REITs') with more than 50% of total assets invested in mortgage loans or mortgage-backed securities secured by interests in real property that are listed on the New York Stock Exchange, the NYSE Arca or the NASDAQ National Market List (the 'index constituents').
Research context
Credit Suisse X-Links Monthly Pay 2xLeveraged Mortgage REIT ETN appears in PyInvesting’s ETF catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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