|Income Potential||Variable monthly coupon linked to 2 times the cash distributions, if any, on the Index constituents|
|2x Index Yield 1||19.40%|
|Underlying Index ISE High||Income™ Index|
|Leverage||2x leverage that is reset monthly, not daily|
- Significant income potential in the form of a variable monthly coupon linked to 2 times the cash distributions, if any, on the Index constituents. If the Index constituents do not make distributions, then investors will not receive any coupons.
- Monthly compounded 2x leveraged exposure to an index comprised of 30 closed-end funds that vary by asset class, investment strategy, asset manager and investment region.
- Potential for price appreciation as the closed-end funds in the Index are selected, in part, on the basis of their share price discount from net asset value.