KB Securities*, Korea Investment Securities*, and Meritz Securities* have launched new Gold Total Return ETNs linked to the Solactive Gold Total Return Index family and the Solactive Gold Total Return KRCD3M Index family, offering investors leveraged long and inverse exposure to gold through a transparent and rules-based index framework.
Gold continues to play a central role in global markets as investors navigate inflation expectations, interest-rate uncertainty, and geopolitical volatility. As one of the most established store-of-value assets, gold remains relevant both as a trading instrument and as an asset commonly used for diversification purposes. In this environment, listed leveraged and inverse ETNs can provide investors with efficient access to short-term market views in a familiar exchange-traded format.
The Solactive Gold Total Return Index family and the Solactive Gold Total Return KRCD3M Index family are designed to replicate the performance of a hypothetical investment in the Solactive Future Series 5-Day Roll Gold Excess Return USD Index while incorporating defined leverage factors and an interest-rate component. The indices apply a daily leverage mechanism designed to provide positive or inverse exposure to the underlying gold futures index. The total return calculation reflects the performance of the underlying futures index together with a short-term interest-rate component and a daily financing adjustment. The indices are rebalanced on a daily basis to maintain the specified leverage factor.
The ETNs were listed on the Korea Exchange (KRX) on 7 July 2026. An overview of the respective ETNs and their corresponding Solactive indices is provided below.
| ETN | INDEX | TICKER |
|---|---|---|
| KB Solactive Leverage Gold Futures ETN | Solactive Gold Total Return 2x Long Leverage | 580089.KS |
| KB Solactive Inverse 2X Gold Futures ETN | Solactive Gold Total Return 2x Short Leverage | 580090.KS |
| KIS Solactive 2x Gold futures ETN | Solactive Gold Total Return 2x Long Leverage | 570125.KS |
| KIS Solactive Inverse2x Gold futures ETN | Solactive Gold Total Return 2x Short Leverage | 570126.KS |
| Meritz Solactive Gold Futures ETN | Solactive Gold Total Return KRCD3M 1x Long Leverage | 610102.KS |
| Meritz Solactive 2X Gold Futures ETN | Solactive Gold Total Return KRCD3M 2x Long Leverage | 610103.KS |
| Meritz Solactive -2X Gold Futures ETN | Solactive Gold Total Return KRCD3M 2x Short Leverage | 610104.KS |
Timo Pfeiffer, Chief Markets Officer at Solactive, commented: “We are pleased to support KB Securities, Korea Investment Securities, and Meritz Securities on the launch of these new Gold Total Return ETNs. Gold remains one of the most closely followed commodity exposures among investors, and these listings reflect continued demand for transparent and rules-based instruments that provide efficient access to leveraged and inverse strategies."
* The names of the companies mentioned in this press release are arranged in alphabetical order.
