WisdomTree FTSE 100 2x Daily Leveraged (2UKL.L) LSE
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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
The WisdomTree FTSE 100 2x Daily Leveraged is an Exchange Traded Product (ETP), fully collateralized and compliant with UCITS regulations. It offers investors amplified, daily exposure to the FTSE 100. This ETP tracks the FTSE 100 Daily Leveraged RT TR Index (UKXL2X), aiming to deliver twice the daily performance of the FTSE 100 Net Dividend Total Return Index. This magnified return is adjusted to account for the inherent fees and costs associated with maintaining a leveraged position in equities. For instance, a 1% upward movement in the FTSE 100 Net Dividend Total Return Index on a given day would typically lead to a 2% increase in the ETP, prior to fees. Conversely, a 1% daily decline in the underlying index would result in a 2% decrease in the ETP, excluding applicable charges.