WisdomTree Brent Crude Oil 3x Daily Short (3BSR.L) LSE
Currency In GBp
- General
- Statistics
- Historical Data
- Profile
- Financials
Currency In GBp
Address
,
Ireland
Phone
N/A
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
October 14, 2015
This WisdomTree Brent Crude Oil 3x Daily Short is a fully collateralized Exchange Traded Commodity (ETC) structured to provide investors with a magnified inverse exposure to Brent Crude Oil. Its total return is designed to reflect three times the opposite of the Solactive Brent Crude Oil Commodity Futures SL Index (SOLWSCO2)'s daily performance, alongside interest earnings, after all product-related fees and costs have been deducted. For example, should the Solactive Brent Crude Oil Commodity Futures SL Index rise by 1% in a day, the ETC would fall by 3%, excluding fees. Conversely, a 1% daily drop in the Index would lead to a 3% gain for the ETC, also before fees.