WisdomTree Palladium 1x Daily Short (1PAS.L) LSE

8.01

+0.025(+0.31%)

Updated at April 24 02:56PM

Currency In USD

WisdomTree Palladium 1x Daily Short

Address

3 Lombard Street

London, EC3V 9AA

Ireland

Phone

44-20-7448-4330

Sector

Financial Services

Industry

Asset Management - Leveraged

Employees

N/A

First IPO Date

July 05, 2013

Key Executives

N/A

Description

WisdomTree Palladium 1x Daily Short is a fully collateralised Exchange Traded Commodity (ETC) designed to provide investors with a short exposure to Palladium . The ETC provides a total return comprised of -1 times the daily performance of the Solactive Palladium Commodity Futures SL Index (SOLWSPA1), plus the interest revenue adjusted to reflect fees and costs associated with the product. For example, if the Solactive Palladium Commodity Futures SL Index rises by 1% over a day, then the ETC will fall by 1%, excluding fees. However if the Solactive Palladium Commodity Futures SL Index falls by 1% over a day, then the ETC will rise by 1%, excluding fees.