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This exchange-traded fund (ETF) aims to provide investors with leveraged exposure to US 10Yr Treasuries futures contracts. The ETP provides a total return comprised of 3 times the daily performance of the US Treasury Note 10y Rolling Future Index (BNSXFTYU), plus the interest revenue adjusted to reflect fees and costs associated with the product. For example, if the US Treasury Note 10y Rolling Future Index rises by 1% over a day, then the ETP will rise by 3%, excluding fees. However, if the US Treasury Note 10y Rolling Future Index falls by 1% over a day, then the ETP will fall by 3%, excluding fees.These products are designed to be held for very short time frames and there is no guarantee that they will replicate the performance of the underlying index beyond one day.
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