WisdomTree Brent Crude Oil 3x Daily Short (3BSR.L) LSE

1,338.50

+55(+4.29%)

Updated at June 02 04:35PM

Currency In GBp

WisdomTree Brent Crude Oil 3x Daily Short

Sector

Financial Services

Industry

Asset Management - Leveraged

Employees

N/A

First IPO Date

October 14, 2015

Key Executives

N/A

Description

WisdomTree Brent Crude Oil 3x Daily Short is a fully collateralised Exchange Traded Commodity (ETC) designed to provide investors with a leveraged short exposure to Brent Crude Oil . The ETC provides a total return comprised of -3 times the daily performance of the Solactive Brent Crude Oil Commodity Futures SL Index (SOLWSCO2), plus the interest revenue adjusted to reflect fees and costs associated with the product. For example, if the Solactive Brent Crude Oil Commodity Futures SL Index rises by 1% over a day, then the ETC will fall by 3%, excluding fees. However if the Solactive Brent Crude Oil Commodity Futures SL Index falls by 1% over a day, then the ETC will rise by 3%, excluding fees.