Description

This Exchange Traded Product (ETP), issued by WisdomTree, offers investors a double-leveraged inverse position against the FTSE 100 index. It is fully backed by collateral and meets UCITS eligibility criteria. The ETP's performance mirrors the FTSE 100 Daily Super Short Strategy RT Gross TR Index (UKXI2X), aiming to provide a return equivalent to negative two times the daily movement of the FTSE 100 Declared Dividend Total Return Index. This calculation incorporates applicable management fees, as well as the expenses and income generated from short-selling the underlying assets. For example, if the FTSE 100 Declared Dividend Total Return Index advances by 1% during a single day, the ETP's value would typically decline by 2%, before fees. Conversely, a 1% decrease in the FTSE 100 Declared Dividend Total Return Index over the same timeframe would lead to a 2% gain for the ETP, prior to fees.