The Direction Daily Junior Gold Miners Index Bull and Bear 2X Shares (JNUG and JDST) aim for daily investment results of 200% or 200% inverse of the MVIS Global Junior Gold Miners Index. These funds do not invest in physical gold but track junior gold mining stocks. They offer high volatility and leveraged opportunities; JNUG is used when expecting a short-term increase in junior gold mining equities, while JDST is used for anticipating a decrease. These funds are suited for active traders with high risk tolerance and require daily rebalancing. Thoroughly understanding the risks, investment objectives, and expenses is crucial before investing.
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00:00The Direction Daily Junior Gold Miners Index, Boll and Bear 2X shares trading under the
00:07symbols JNUG and JDST seek daily investment results of 200% or 200% of the inverse of
00:15the daily investment results of the performance of the MVIS Global Junior Gold Miners Index.
00:21Gold has rallied in recent months as the macroeconomic backdrop and geopolitical landscape have caused
00:26investors to seek safety in this asset class.
00:30The primary value proposition of gold includes its ability to protect against inflation,
00:35be a source of diversification, and buffer against uncertainty.
00:38However, these funds track a commodity-related equity index consisting of a basket of junior
00:44gold miner-related stocks.
00:46They do not invest in physical commodities and should not be expected to directly track
00:50the price performance of gold.
00:53Gaining exposure to the companies that mine and prospect for gold is a great way to balance
00:58direct exposure to the asset.
01:00As junior miners, the stocks are given to higher volatility, which is why having the
01:04option to be a boll or bear on any given day is so powerful.
01:09You'd trade JNUG when you think junior gold mining equities are likely to go up in the
01:14short term, gaining the ability to double the exposure for a single day, while you'd
01:18trade JDST when you think gold mining equities are likely to go down.
01:23You'd only trade this fund as an active trader with high risk tolerance since the funds should
01:27not be expected to provide their diversified, leveraged goals for periods greater than a
01:32day.
01:33Before investing, consider the fund's investment objectives, risks, charges, and expenses contained
01:38in the prospectus available at Direction.com.
01:41Read carefully to ensure a full understanding of the risks that leveraged funds entail.
01:47Junior gold miners present a compelling opportunity for investors to attempt to maximize returns
01:51as their fortunes swing on a daily basis.