The exchange-traded funds (ETFs) provide 2x leveraged exposure to companies linked to artificial intelligence (AI), infrastructure and connectivity sectors.
Leverage Shares has launched three leveraged single-stock exchange traded funds (ETFs), which began trading on 11 August on Cboe. Each ETF carries a management fee of 0.99% The funds offer investors two times the daily performance of their underlying stocks. Each ETF carries a management fee of 0.99%. The launches include the Leverage Shares 2x Long LITE Daily ETF (LITG) linked to Lumentum Holdings, Leverage Shares 2x Long STRL Daily ETF (STLL) linked to Sterling Infrastructure a