WisdomTree Copper 3x Daily Short (3HCS.L) LSE

13.85

-0.875(-5.94%)

Updated at June 02 03:47PM

Currency In USD

WisdomTree Copper 3x Daily Short

Sector

Financial Services

Industry

Asset Management - Leveraged

Employees

N/A

First IPO Date

December 20, 2012

Key Executives

N/A

Description

WisdomTree Copper 3x Daily Short is a fully collateralised Exchange Traded Commodity (ETC) designed to provide investors with a leveraged short exposure to Copper . The ETC provides a total return comprised of -3 times the daily performance of the Solactive HG Copper Commodity Futures SL Index (SOLWSHG1), plus the interest revenue adjusted to reflect fees and costs associated with the product. For example, if the Solactive HG Copper Commodity Futures SL Index rises by 1% over a day, then the ETC will fall by 3%, excluding fees. However if the Solactive HG Copper Commodity Futures SL Index falls by 1% over a day, then the ETC will rise by 3%, excluding fees.