Offers a leveraged investment product providing 2x the daily return of the CSI 300 Index. Now — the numbers.
The stock trades 51% below its peak. The market has trimmed its expectations for the company.
It pays out $0.45 per share each year — regular cash for whoever holds the stock.
The balance sheet offers little cushion against a rough stretch. Report-card grade: 16/100.
We grade companies — revenue, margins, balance sheets. This is a fund, so there is no report card to give. That is not a low grade; it is a different kind of thing.
One-line summary: a basket, not a business. Judge it by what it holds.