Trade First Trust NASDAQ Global Auto Index Fund - CARZ CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 1.49
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.022207 %(-$4.44)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.02221%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.000015 %(-$0.00)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.00002%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 0.1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.022207 %
  (-$4.44)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.000015 %
  (-$0.00)

Key Stats

• Prev. Close: 106.56
• Open: 107.43
• 1-Year Change: 44.47%
• Day's Range: 105.87 - 107.54

Trade First Trust NASDAQ Global Auto Index Fund - CARZ

The investment seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of an equity index called the S-Network Electric & Future Vehicle Ecosystem Index. To be eligible for inclusion in the index, a company must be listed on a major recognized stock exchange and engaged in one of the following sectors: electric and autonomous vehicle manufacturing; enabling technologies or enabling materials. Given the narrow focus of this fund and the presence of many components in broad-based equity funds, CARZ probably doesn’t have much appeal to those building a long-term, buy-and-hold portfolio; it will be more useful as a tool for implementing a shorter-term tactical tilt towards the automotive industry. Investors may also want to consider the allocations among these funds to emerging markets, as increasing ownership rates in developing economies are likely to have a major impact on the growth of the auto industry.