JNUG offers geared exposure (2x) to the MVIS Worldwide Junior Gold Miners Index, which is a market-cap-weighted index of global gold mining businesses that earn at least 50% of their income from gold or silver mining. The fund provided 3x exposure to the same index prior to March 31, 2020. Is JNUG a decent exchange-traded […]
The Nifty Alpha 50 Index analyzes the performance of 50 stocks with high alphas over the past year, and Kotak Mahindra Asset Management Company Ltd has established India’s first exchange-traded fund (ETF) based on it. Alpha, sometimes known as ‘excess return,’ is a phrase that refers to a stock’s return that is more or lower
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