You are here

Investors buy more when world's biggest leveraged ETF drops

The ETF has become more popular with traders than even Toyota Motor Corp, Japan's biggest company.


MONEY is being shredded at an unprecedented rate in a souped-up exchange-traded fund (ETF) tied to Japan's most famous stock index.

Since mid-August, investors have poured a record US$4.5 billion into the Next Funds Nikkei 225 Leveraged Index ETF, a security designed to rise