WisdomTree Coffee 3x Daily Leveraged (3CFL.L) LSE
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Address
3rd Floor, 44 Esplanade
St Helier, JE4 9WG
Jersey
Phone
44-20-7448-4330
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
November 23, 2015
The WisdomTree Coffee 3x Daily Leveraged is a fully collateralized Exchange Traded Commodity (ETC) that provides investors with magnified exposure to coffee. It is designed to track three times the daily performance of the Bloomberg Coffee Sub Excess Return Index (BCOMKC). The product's total return comprises this leveraged daily movement and any interest income generated, adjusted for associated fees and costs. For illustration, a 1% increase in the Bloomberg Coffee Sub Excess Return Index over a single day would typically result in a 3% gain for the ETC, excluding charges. Conversely, a 1% daily fall in the index would lead to a 3% decrease in the ETC's value, before fees.