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QQQ3

NASDAQ 100® 3x Leverage Daily ETP

Boost NASDAQ 100® 3x Leverage Daily ETP is a fully collateralised, UCITS eligible Exchange-Traded Product. The ETP tracks the NASDAQ-100® 3x Leveraged Notional Net Return index, providing three times the daily performance of the NASDAQ-100® Notional Net Total Return index, adjusted to reflect fees and costs inherent to maintaining a leveraged position in stocks.

For example, if the NASDAQ 100 rises by 1%, then the ETP will rise by 3%, excluding fees. However, if the NASDAQ 100 falls by 1%, then the ETP will fall by 3%, excluding fees.

ETP RISK WARNING

The Boost Issuer Plc exchange traded products (ETPs) are only intended for investors who understand the associated risks. The short and/or leveraged products involve numerous risks including general market risks relating to the relevant underlying index, credit risks on the provider of index swaps utilised in the ETPs, exchange rate and interest risks, and for our Delta One products, swap counterparty risk. You should consult an investment adviser who can help determine whether or not the products are suitable for you.

 

The price of any Shares or the value of an investment in ETPs may go up or down and an investor may not get back the amount invested. Past performance is not a reliable indicator of future performance. This material is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any financial instrument or product or to adopt any investment strategy.

KEY INFORMATION

  • Price (NAV) (16 Nov 2017) $989.60
  • Base/Trading Currency USD/USD
  • Daily Change (16 Nov 2017) 3.92%
  • Leverage Factor 3x
  • ISIN IE00B8W5C578
  • Bloomberg Ticker QQQ3 LN
  • Index Name NASDAQ-100® 3x Leveraged Notional Net Return Index
  • Index Bloomberg Ticker XNDXL3
Net Asset Value 17 Nov 2017
NAV $989.60
Daily Change $37.28
Daily Return 3.92%
Total AUM of fund $9,259,718.36
Structure
Physical Assets Yes (Collateral)
Structure ETP
Domicile Ireland
Replication Method Fully Collaterised Swap
Key Service Providers
Issuers Boost Issuer PLC
Administrator Capita IFS
Custodian Bank of New York Mellon
Trustee Law Debenture Trust
Auditor Ernst & Young
Swap Provider BNP Paribas Arbitrage SNC
Market Makers Market Makers
Authorised Participants APs
Fees
Annual Management Fee Rate 0.75%
Daily Swap Rate 0.00000%

Listings & Codes

Listings & Codes
Index Details

NASDAQ-100® 3X LEVERAGED NOTIONAL NET RETURN INDEX

The NASDAQ-100® 3x Leveraged Notional Net Return Index aims to replicate the daily performance of the NASDAQ-100 Notional Net Total Return Index multiplied daily by three and adjusted to reflect certain inherent costs and revenues of maintaining the long positions required to achieve that aim.

The NASDAQ-100 Notional Net Total Return Index is a net total return version of the NASDAQ-100 index, which is composed of 100 of the largest non-financial securities listed on The NASDAQ StockMarket® (NASDAQ®) based on market capitalization. It does not contain securities of financial companies including investment companies.

Index Details

Index ID Card
Index Name NASDAQ-100® 3x Leveraged Notional Net Return Index
Currency USD
Index Provider NASDAQ
Bloomberg Ticker XNDXL3
Leverage Factor 3x
Leverage Method Daily Rebalancing

Boost Collateral Details

Details 16 Nov 2017
Collateral Coverage Ratio 104.9%
Over Collateralised Yes
Custodian Bank of New York Mellon

Boost is an independent boutique Exchange Traded Product (“ETP”) provider and as such it is independent from any investment bank, swap provider, trustee or custodian. Boost ETPs have a robust and transparent collateral structure, which Boost believes offers investors a best of breed counterparty risk model, where investors’ interests are aligned with Boost's.

Boost Collateral Structure

DISCLAiMERS

 

NASDAQ OMX trademarks referenced herein are trademarks of NASDAQ OMX and have been licensed for use by Boost Issuer PLC. The securities incorporating NASDAQ OMX indexes are not created, sponsored, endorsed, recommended or promoted by NASDAQ OMX and NASDAQ OMX shall have any no liability in connection with the securities.