Trade your conviction: Recently ETF Securities launched two new products which recognise the incredible popularity and performance of the Nasdaq. The products are the ETFS ultra short Nasdaq 100 hedge fund (ASX code SNAS) and the ETFS ultra long Nasdaq 100 hedge fund (ASX code LNAS). Kanish Chugh, co head of sales at ETF Securities discusses the nature of these turbo charged instruments by virtue of their leveraged nature.