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HKEx listed, Stock Code: 07228 SAMSUNG HSCEI Daily (2x) Leveraged Product

Tracking Difference / Error

 

Daily Tracking Difference (Daily TD)
Daily TD is the difference between the daily return of a Leveraged Product and the 2x daily performance of the underlying index.

Tracking Error (TE)
Tracking error measures how consistently a Leveraged Product delivers the 2x daily performance of the underlying index. It is the volatility (measured by standard deviation) of that daily return difference.


















Tracking Difference (As of 2018/12/13)
Product listing Date: 2017/03/14
Tracking Error (As of 2018/12/13)
Product listing Date: 2017/03/14

Rolling 1-Year Actual Average Daily TD: 0.02%
Average Daily TD for calendar year 2017: 0.03%

Rolling 1-Year TE^: 10.88%


^TE is measured by the standard deviation of the Daily TD.
The standard deviation is calculated based on the Daily TD over the rolling one year period


Graph(A)-Daily return of the Leveraged Product and the 2x daily performance of the underlying Index

Performance is calculated on NAV to NAV basis in HKD and assumes dividend reinvestment.



 

※ The Leveraged Product aims to deliver a daily return equiavlent to two times of the underlying index return. For the purpose of calculating the Daily TD, the daily performance of the underlying index has been adjusted by the leverage factor of 2x.

















Graph(B)-Actual daily tracking difference

 

※ L/I Product's performance is calculated on an NAV to NAV basis without any reinvestment of distributions.