WisdomTree Copper 3x Daily Short (3HCS.L) LSE
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Address
,
Ireland
Phone
N/A
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
December 20, 2012
This WisdomTree Exchange Traded Commodity (ETC) is a fully collateralised financial product offering investors triple-leveraged short exposure to copper. Its total daily return is engineered to move in the opposite direction of the Solactive HG Copper Commodity Futures SL Index (SOLWSHG1) by a factor of three, alongside interest revenue and after accounting for associated product fees and costs. For example, if the Solactive HG Copper Commodity Futures SL Index advances by 1% in a single day, the ETC would aim to decline by 3%, prior to fees. Conversely, a 1% decrease in the index over the same timeframe would typically result in a 3% increase for the ETC, before fees are applied.