Leverage Shares 2x Long ASML Daily ETF

Frequently Asked Questions About ASMG

What does ASMG invest in?

The Leverage Shares 2x Long ASML Daily ETF, identified by the ticker ASMG, is a specialized financial instrument that provides amplified exposure to the daily price fluctuations of ASML stock. This daily double-leveraged (bullish) ETF is specifically tailored for active investors who aim to maximize their short-term returns. Its fundamental goal is to deliver two hundred percent (200%) of ASML's daily performance, before accounting for any associated operational costs or fees.

What is the expense ratio of ASMG?

Leverage Shares 2x Long ASML Daily ETF (ASMG) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.

Is ASMG a good long-term hold?

ASMG is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple, typically with negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.

How does ASMG's daily reset work?

ASMG rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level, so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.

How big is ASMG?

Leverage Shares 2x Long ASML Daily ETF (ASMG) manages $25.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is ASMG actively managed or an index fund?

ASMG's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.