WisdomTree Palladium 2x Daily Leveraged (2PAL.L) LSE
Currency In USD
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WisdomTree Palladium 2x Daily Leveraged
Address
3 Lombard Street
London, EC3V 9AA
Ireland
Phone
353-1800-000-036
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
July 05, 2013
Key Executives
N/ADescription
This fully collateralized Exchange Traded Commodity (ETC) from WisdomTree is designed to offer investors a magnified, two-times daily exposure to Palladium. The product's total return is structured to reflect double the daily performance of the Solactive Palladium Commodity Futures SL Index (SOLWSPA1), enhanced by interest income, after accounting for all associated fees and costs. For clarity, if the Solactive Palladium Commodity Futures SL Index appreciates by 1% on a particular day, the ETC would typically see a 2% increase, excluding fees. Conversely, a 1% daily decline in the index would lead to a corresponding 2% decrease for the ETC, before fees are applied.