Description
The investment seeks to provide a quarterly compounded 2x leveraged exposure to the STOXX® Europe 50 USD (Gross Return) Index (the ?index?), reduced by the applicable ETN Fees. The ETNs are medium-term note, the return on which is linked to the performance of the index on a leveraged basis. The index is composed of the equity securities of 50 ?blue-chip? European companies by free-float market capitalization selected from within the STOXX® Europe 600 Index (the ?parent index?).
