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Term of the Day
ultra ETF
ultimo
ultra vires activities
Definition
A type of exchange-traded
fund
that uses
leverage
techniques to attempt achievement of a 200%
return
compared to the
underlying security
. The
security
may be a broad
index
, such as the
S&P 500
, or a narrow
industry
sector
, such as health care.
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Nearby Terms
ultima
ultimate net los...
ultimate oscilla...
ultimatum
ultimo
ultra ETF
ultra vires acti...
ultra-short-term...
umbrella liabili...
umbrella organis...
Umbrella Partner...
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Popular 'Mutual Funds' Terms
hedge fund
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