The investment seeks to provide exposure to the daily returns of the S&P500 VIX Short-Term Futures Points-Change Inverse Daily Index. The index tracks the daily points-change return from a rolling synthetic short position in the underlying futures contracts trading on the Cboe Futures Exchange. The notes are designed for investors who seek a positive return when the level of the index appreciates during their holding period.
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The investment seeks to provide exposure to the daily returns of the S&P500 VIX Short-Term Futures Points-Change Inverse Daily Index. The index tracks the daily points-change return from a rolling synthetic short position in the underlying futures contracts trading on the Cboe Futures Exchange. The notes are designed for investors who seek a positive return when the level of the index appreciates during their holding period.
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Daily adjusted close
The investment seeks to provide exposure to the daily returns of the S&P500 VIX Short-Term Futures Points-Change Inverse Daily Index. The index tracks the daily points-change return from a rolling synthetic short position in the underlying futures contracts trading on the Cboe Futures Exchange. The notes are designed for investors who seek a positive return when the level of the index appreciates during their holding period.