KB Securities Lists 'KB Leverage Nasdaq 100 ETN' and 'KB Inverse 2X Nasdaq 100 ETN'

[Asia Economy Reporter Oh Ju-yeon] KB Securities announced on the 22nd that it will newly list the 'KB Leverage Nasdaq 100 ETN' and 'KB Inverse 2X Nasdaq 100 ETN,' composed of 100 high-quality stocks listed on the US Nasdaq market.

The Nasdaq is a market centered around high-tech companies, and among them, the Nasdaq 100 Index is made up of the top 100 stocks by market capitalization with high liquidity, excluding financial stocks listed on Nasdaq. Interest in global IT stocks has increased since the COVID-19 pandemic, reaching record highs this year.

KB Securities launched the 'KB Leverage Nasdaq 100 ETN,' which tracks the Nasdaq 100 Index at 2x leverage, and the 'KB Inverse 2X Nasdaq 100 ETN,' which tracks it at -2x leverage, to be used by investors showing high interest in the Nasdaq market during both rising and falling markets.

The constituent stocks include Apple, Microsoft, Amazon, Tesla, Facebook, etc., and are regularly changed once a year. As these are foreign exchange exposure products, additional gains or losses may occur depending on the USD-KRW exchange rate fluctuations, separate from the index returns.

Trading is possible until December 19, 2025, after which the products will be delisted. The issuance quantity is 1 million shares each, and the total fee is 0.77% per annum, reflected daily on a pro-rata basis in the final indicative value (IV).