What is the IFREENEXT NASDAQ100 index?

The iFreeNEXT NASDAQ100 index is a fund that started operation in 2018, with a management fee of only 0.56%. It aims to fully replicate the performance of the NASDAQ100 index and may use NASDAQ100 index futures to cover positions if necessary. This fund does not hedge currency risk, so investors should consider factors such as the exchange rate and the 10-year Treasury rates when purchasing.