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Legal & General Ucits Etf Public Limited Company L&G FTSE 100 LEVERAGED (DAILY 2X)
Open
37355p
Previous close
37165p
Trade high
37355p
Year low
31,030.00p
Year high
37,355.00p
Replication method
Synthetic Replication
Volume
8
Type
ETF
UCITS
Yes
Dividend yield
-
Ongoing charge
0.5
ISIN
IE00B4QNJJ23
This share can be held in a Dealing accountISALifetime ISAJISASIPPand can be used with Dividend reinvestment
Before investing please read:
Share price
Asset allocation
Top 10 holdings
Holdings 29/02/2024 | % of assets |
---|---|
TRS FTSE 100 Daily Leveraged NR GBP | 100.00 |
Investment objective
The Fund is designed to track the performance of the FTSE 100® Daily Leveraged Index (the "Tracked Index"). The Tracked Index is a strategic index that is designed to provide twice the daily percentage change in the level of the FTSE 100® Net Dividend Total Return Index (the "Underlying Index") less an implied amount reflecting the cost of borrowing additional capital to invest in the index portfolio to create the leveraged position (the "Financing Cost"). This magnified exposure is known as 'leveraged' exposure. For example, if the Underlying Index was to decrease in value by 5% on a particular day, the Tracked Index is designed to decrease in value by 10% on that day, subject to the adjustment for the Financing Cost. LUK2 is designed to reflect the performance of the Tracked Index, minus fees and expenses.
Asset class
ETFMorningstar ratingTM
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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