Description

WisdomTree EURO STOXX 50 3x Daily Short is a fully collateralised, UCITS eligible Exchange Traded Product (ETP) designed to provide investors with a leveraged short exposure to the EURO STOXX 50. The ETP tracks the EURO STOXX 50 Daily Short 3 EUR Gross Return Index (SX5GT3S), providing a total return comprised of -3 times the daily performance of the EURO STOXX 50 EUR Gross Return Index, adjusted to reflect fees as well as the costs and revenues inherent to shorting stocks. For example, if the EURO STOXX 50 EUR Gross Return Index rises by 1% over a day, then the ETP will fall by 3%, excluding fees. However if the EURO STOXX 50 EUR Gross Return Index falls by 1% over a day, then the ETP will rise by 3%, excluding fees.