The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the MVIS Global Junior Gold Miners Index.
The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index includes companies from markets that are freely investable to foreign investors, including "emerging markets," as that term is defined by the index provider. It is non-diversified.
Financial Modeling Prep is a new concept that informs you about stock markets information (news, currencies and stock prices).
We always strive to give you the best and most updated information. We also gives you free financial modeling methodology
through our academy. Most investment banking firms follow our guidelines to get discounted cash flow statement of companies to
see if they are undervalued, overvalued or simply at par value. You can find all financial models and valuation techniques
that is used in corporate finance to get companies intrinsic valuation. Most private equity firm use financial modeling for
decision making when it comes to hold, buy or sell a particular stock.