Leveraged ETN!!!
Bull Flag. Bull flags can break to the downside as well as the upside.
This is a long term hold for dividend purposes. It is not a rocket stock (o: I buy more on pull backs which are usually not severe. Nothing is a given though.
Dividend is monthly at 11.68% yield.
Credit Suisse X-Links Monthly Pay 2xLeveraged Mortgage REIT ETN is an exchange traded note launched by Credit Suisse AG, Nassau Branch. The note seeks to track 2x the monthly performance of the price return version of the FTSE NAREIT All Mortgage Capped Index. The index represents the fixed income markets of the United States. It seeks to track long positions and comprises of mortgage real estate investment trusts. The index represents value and growth mortgage REITs across all market capitalizations. The ETN will mature on July 11, 2036. Credit Suisse X-Links Monthly Pay 2xLeveraged Mortgage REIT ETN was formed on July 12, 2016 and is domiciled in Switzerland.
The investment seeks to provide a monthly compounded 2x leveraged long exposure to the price return version of the FTSE NAREIT All Mortgage Capped Index (the “index”). The index measures the composite performance of tax-qualified U.S. mortgage real estate investment trusts (“Mortgage REITs”) with more than 50% of total assets invested in mortgage loans or mortgage-backed securities secured by interests in real property that are listed on the New York Stock Exchange, the NYSE Arca or the NASDAQ National Market List (the “index constituents”). Benchmark: FTSE Nareit All Mortgage Capped PR USD
No recommendation
A leveraged exchange-traded fund (ETF) is a marketable security that uses financial derivatives and debt to amplify the returns of an underlying index. While a traditional exchange-traded fund typically tracks the securities in its underlying index on a one-to-one basis, a leveraged ETF may aim for a 2:1 or 3:1 ratio.
Bull Flag. Bull flags can break to the downside as well as the upside.
This is a long term hold for dividend purposes. It is not a rocket stock (o: I buy more on pull backs which are usually not severe. Nothing is a given though.
Dividend is monthly at 11.68% yield.
Credit Suisse X-Links Monthly Pay 2xLeveraged Mortgage REIT ETN is an exchange traded note launched by Credit Suisse AG, Nassau Branch. The note seeks to track 2x the monthly performance of the price return version of the FTSE NAREIT All Mortgage Capped Index. The index represents the fixed income markets of the United States. It seeks to track long positions and comprises of mortgage real estate investment trusts. The index represents value and growth mortgage REITs across all market capitalizations. The ETN will mature on July 11, 2036. Credit Suisse X-Links Monthly Pay 2xLeveraged Mortgage REIT ETN was formed on July 12, 2016 and is domiciled in Switzerland.
The investment seeks to provide a monthly compounded 2x leveraged long exposure to the price return version of the FTSE NAREIT All Mortgage Capped Index (the “index”). The index measures the composite performance of tax-qualified U.S. mortgage real estate investment trusts (“Mortgage REITs”) with more than 50% of total assets invested in mortgage loans or mortgage-backed securities secured by interests in real property that are listed on the New York Stock Exchange, the NYSE Arca or the NASDAQ National Market List (the “index constituents”). Benchmark: FTSE Nareit All Mortgage Capped PR USD
No recommendation
A leveraged exchange-traded fund (ETF) is a marketable security that uses financial derivatives and debt to amplify the returns of an underlying index. While a traditional exchange-traded fund typically tracks the securities in its underlying index on a one-to-one basis, a leveraged ETF may aim for a 2:1 or 3:1 ratio.