WisdomTree Brent Crude Oil 3x Daily Leveraged (3BLR.L) LSE
Currency In GBp
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WisdomTree Brent Crude Oil 3x 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
November 19, 2020
Key Executives
N/ADescription
The WisdomTree Brent Crude Oil 3x Daily Leveraged is a fully collateralized Exchange Traded Commodity (ETC) designed to offer investors an amplified, daily investment opportunity linked to the price of Brent Crude Oil. This ETC's total return mirrors three times the daily movements of the Solactive Brent Crude Oil Commodity Futures SL Index (SOLWSCO2), further enhanced by interest revenue, all figures being net of associated costs and fees. For instance, a 1% increase in the Solactive Brent Crude Oil Commodity Futures SL Index over a single day would typically result in a 3% rise for the ETC, prior to deductions. Conversely, a 1% daily decrease in the index would lead to a 3% fall in the ETC's value, also before considering fees.