The South Korean issuer has listed leveraged and inverse gold futures ETNs linked to Solactive indices, offering investors tactical exposure to movements in the price of gold.
KB Securities has expanded its exchange-traded note (ETN) offering with the launch of two products providing leveraged and inverse exposure to gold futures through Solactive indices. The new listings, which began trading on the Korea Exchange (KRX) on 7 July, comprise the KB Solactive Leverage Gold Futures ETN and the KB Solactive Inverse 2X Gold Futures ETN. Both ETNs have a five-year maturity, expiring on 26 June 2031, carry an annual management fee of 0.65%. and offer unhedged exposure to mo