KB Securities, Korea Investment Securities and Meritz Securities are adopting the Solactive Gold Total Return and Solactive Gold Total Return KRCD3M index families to offer leveraged, long and inverse exposure to gold.
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Article created by the editorial staff of ETFWorld.co.uk
Listed on the Korea Exchange (KRX) from 7 July 2026.
KB Securities, Korea Investment Securities and Meritz Securities listed seven new gold ETNs on the Korea Exchange (KRX) on 7 July 2026. The products are linked to the Solactive Gold Total Return and Solactive Gold Total Return KRCD3M index families and offer investors leveraged exposure – both long and inverse – to the gold market through a transparent, rules-based framework. The move was announced by Solactive, an index provider based in Frankfurt am Main.
The seven leveraged gold ETNs and their corresponding Solactive indices
The listing comprises seven ETNs divided amongst the three issuers. KB Securities and Korea Investment Securities utilise the Solactive Gold Total Return family, with two products each: one 2x long-leverage product and one 2x short-leverage (inverse) product. Meritz Securities utilises the Solactive Gold Total Return KRCD3M family, with three products: 1x long, 2x long and 2x short.
Below are the details of the ETNs, their underlying indices and their respective tickers.
| ETN | Index |
| KB Solactive Leverage Gold Futures ETN | Solactive Gold Total Return 2x Long Leverage |
| KB Solactive Inverse 2X Gold Futures ETN | Solactive Gold Total Return 2x Short Leverage |
| KIS Solactive 2x Gold futures ETN | Solactive Gold Total Return 2x Long Leverage |
| KIS Solactive Inverse2x Gold futures ETN | Solactive Gold Total Return 2x Short Leverage |
| Meritz Solactive Gold Futures ETN | Solactive Gold Total Return KRCD3M 1x Long Leverage |
| Meritz Solactive 2X Gold Futures ETN | Solactive Gold Total Return KRCD3M 2x Long Leverage |
| Meritz Solactive -2X Gold Futures ETN | Solactive Gold Total Return KRCD3M 2x Short Leverage |
How the Solactive Gold Total Return indices are constructed
The Solactive Gold Total Return and Solactive Gold Total Return KRCD3M families track the performance of a hypothetical investment in the Solactive Future Series 5-Day Roll Gold Excess Return USD Index, applying defined leverage factors and an interest rate component.
The indices apply a daily leverage mechanism, which produces positive or inverse exposure to the underlying index via gold futures. The total return calculation reflects the performance of the underlying futures index, a short-term interest rate component and a daily financing adjustment. Rebalancing takes place on a daily basis to maintain the specified leverage factor.
Gold in the market context
In its announcement, Solactive places the launch within the current context of the gold market: inflation expectations, uncertainty over interest rates and geopolitical volatility. The metal is described as one of the benchmark assets for preserving value and as a tool used for diversification purposes. In this context, according to the provider, the listed leveraged and inverse ETNs offer access to short-term positions in an exchange-traded format.
In terms of prices, at the start of July 2026, gold was trading in the $4,150–$4,170 per ounce range. According to CNBC’s figures, the spot price stood at $4,168.43 per ounce on 7 July 2026 (9.00 am ET), compared with $4,143.46 on 6 July. Fortune reported a price of $4,166 per ounce on 7 July, up by around $858 year-on-year. According to Trading Economics, the metal stabilised at around $4,150 during the same week, with traders awaiting the minutes of the Federal Reserve’s June meeting and following weaker-than-expected US labour market data for June.
Timo Pfeiffer, Chief Markets Officer at Solactive, said: “We are delighted to support KB Securities, Korea Investment Securities and Meritz Securities in the launch of these new Gold Total Return ETNs. Gold remains one of the most popular commodity exposures among investors, and these listings reflect the continued demand for transparent, rule-based instruments that offer efficient access to leveraged and inverse strategies.”
An overview of recent listings in South Korea
This listing follows a series of ETN launches linked to Solactive indices in South Korea in 2026. In March 2026, KB Securities, Korea Investment Securities, Meritz Securities and Samsung Securities listed silver ETNs linked to the Solactive index families. In May 2026, Korea Investment Securities listed four 1x ETNs on gold and silver, also based on Solactive indices.
Conclusions
With this move, three South Korean brokerage firms are making seven leveraged and inverse gold ETNs available on the Korea Exchange, linked to the Solactive Gold Total Return and Solactive Gold Total Return KRCD3M index families. The structure is that of daily-leveraged products, with a daily rate component and daily rebalancing. For investors, these instruments offer exchange-traded access to short-term positions – either long or inverse – on the price of gold.
Source : ETFWorld.co.uk
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