Exchange-traded leveraged index funds traded in Canada

Bourstad Challenge participants who manage a Bourstad Plus portfolio may trade ten (10) leveraged exchange-traded funds listed on Canadian exchanges.

A particular sub-category among investment funds is leveraged index funds.

Different from the traditional index funds, these funds, Bull Plus or Bear Plus , can allow the investor who acquires them to double the daily return of a market index (one would then bet on an increase in the value of the market index, in the first case) or to double the inverse of the daily variation of an index (one would then bet on the fall of the index when buying Bear Plus).

For each security, the underlying index referred to therein is indicated in the name identifying the security.

Special limits apply to transactions involving leveraged index funds.