NASDAQ-100 3x Inverse Index

Index Description

The Nasdaq-100 3x Inverse Index has been constructed with the objective of creating an index to reflect a strategy that aims to produce three times the inverse daily return of the “Underlying Index”, with borrowing costs embedded in the performance of the Index. The Index is made up of the combination of an investment aiming to replicate a short position on the Underlying Index with a short exposure and borrowing expense at a given rate.