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Definition of 'Super Upside Note - SUN'
An investment instrument with which an investor holds a long position in a stock, and leverages his or her position by purchasing additional shares of the same equity with the present value of expected future dividends.
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Investopedia explains 'Super Upside Note - SUN'
As with any leveraged position, both the upside and downside risk of the investor increase. This type of investment tool should therefore be approached with caution.
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