The investment seeks a leveraged return linked to the performance of the Russell 1000® Growth Index Total Return (the “index”), an index that seeks to track the performance of the large-cap growth segment of the U... Show more
The investment seeks a leveraged return linked to the performance of the Russell 1000® Growth Index Total Return (the “index”), an index that seeks to track the performance of the large-cap growth segment of the U.S. equity market.
The ETNs are subject to a leverage factor of 2.0, but the effective leverage will vary with changes in the Closing Indicative Value of the ETNs since the previous Rebalance Event.