CSOP Samsung Electronics Daily (2x) Leveraged Product (07747.HK) Falls 9.38%, AUM Reaches HKD 8.936 Billion
Newtimespace News: As of 14:22 on August 18, CSOP Samsung Electronics Daily (2x) Leveraged Product (07747.HK) stood at HKD 81.540, down 9.38%. The product opened at HKD 91.300, with the latest net asset value (NAV) at HKD 86.362, a premium of 4.19%, a 52-week high of HKD 243.100, a 52-week low of HKD 11.620, a turnover of approximately HKD 1.268 billion, and assets under management of approximately HKD 8.936 billion.
CSOP Samsung Electronics Daily (2x) Leveraged Product (07747.HK) is a leveraged product that aims to provide two times (2x) the daily performance of ordinary shares of Samsung Electronics Co Ltd (Korea Exchange: 005930). The manager of the fund is CSOP Asset Management Limited. The investment objective of the product is to provide investment results that closely track twice (2x) the daily performance of the underlying stock before deduction of fees and expenses. The product does not seek to achieve its stated investment objective over a period of more than one day.
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