FBGXUBS AG FI Enhanced Large Cap Growth ETN
FBGX Fund Description
FBGX provides 2X levered exposure to the total return of the Russell 1000 Growth Index, with quarterly leverage resets.
FBGX Factset Analytics Insight
FBGX provides 2x leveraged exposure to the Russell 1000 Growth Total Return Index, an index of US large-cap growth stocks, selected using a multi-factor approach considering those with higher price-to-book ratios and higher forecasted growth values. Unlike most geared products, the note resets its leverage only quarterly. This strategy of quarterly resets mutes the effects of compounding and path dependency that plague other leveraged funds, but it also means that the note's effective leverage can float away from 2x in between resets. FBGX is a 'bespoke' product, created for Fisher Asset Management and its clients. The notes are unadvertised—lacking even a website—because they aren’t intended for individual investors.
FBGX Portfolio Data
FBGX Index Data
FBGX Fund Structure
FBGX Tax Exposures
FBGX Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FBGX. FBGX is rated a N/A out of 5.