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/A
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Description

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.

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