WisdomTree Copper 3x Daily Leveraged (3HCL.L) LSE
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Address
3 Lombard Street
London, EC3V 9AA
Ireland
Phone
353-1800-000-036
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
December 20, 2012
The WisdomTree Copper 3x Daily Leveraged is a fully collateralized Exchange Traded Commodity (ETC) designed to offer investors magnified, triple-daily exposure to the price fluctuations of copper. The total return for this ETC combines three times the daily performance of the Solactive HG Copper Commodity Futures SL Index (SOLWSHG1) with accrued interest income, all adjusted to account for product-related fees and expenses. For clarity, if the Solactive HG Copper Commodity Futures SL Index gains 1% in a single day, the ETC is expected to increase by 3%, prior to fees. Conversely, a 1% daily decline in the index would lead to a 3% decrease in the ETC's value, also before any fees.