Mirae Asset Securities Launches WTI Leverage ETNs with Solactive
Mirae Asset Securities has launched two exchange-traded notes (ETNs) that track the Solactive WTI Leverage Index family, expanding the range of commodity-linked investment products in the Korean market.
The new ETNs provide leveraged and inverse exposure to short-term movements in West Texas Intermediate (WTI) crude oil futures. The MiraeAsset Leverage WTI Futures ETN and the MiraeAsset Inverse 2X WTI Futures ETN are set to be listed on August 19, 2026, on the Korea Exchange under the ticker symbols 520095.KS and 520096.KS, respectively.
The Solactive WTI Total Return 2X Long Leverage Index and the Solactive WTI Total Return 2X Short Leverage Index are designed to reflect the performance of leveraged long and inverse exposure to WTI crude oil futures through a transparent rules-based framework. These indices incorporate an interest rate component in their total return framework and reset daily to maintain their targeted exposure profile.
Timo Pfeiffer, Chief Markets Officer at Solactive, said: 'We are pleased to announce our first collaboration with Mirae Asset Securities on the launch of these WTI-linked ETNs. With continued investor interest in tactical commodity exposure, the Solactive WTI Leverage Index family offers an efficient and transparent framework for accessing crude oil market exposure in a listed format.'