WisdomTree Coffee 3x Daily Leveraged (3CFL.L) LSE

Currency In USD

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WisdomTree Coffee 3x Daily Leveraged

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

Key Executives

N/A
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Description

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.

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