WisdomTree EURO STOXX 50 3x Daily Leveraged (3LEU.L) LSE
Currency In GBp
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WisdomTree EURO STOXX 50 3x Daily Leveraged
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 13, 2012
Key Executives
N/ADescription
The WisdomTree EURO STOXX 50 3x Daily Leveraged is a UCITS-compliant, fully collateralised Exchange Traded Product (ETP) designed to provide investors with three times the daily performance exposure to the EURO STOXX 50. This ETP seeks to replicate the EURO STOXX 50 Daily Leverage 3 EUR Net Return Index (SX5TDL3), aiming to deliver a return equivalent to three times the daily movement of the EURO STOXX 50 EUR Net Return Index, prior to accounting for the costs and charges associated with maintaining its leveraged position. For illustration, a 1% daily increase in the EURO STOXX 50 EUR Net Return Index would typically translate into a 3% gain for the ETP (before fees), while a 1% daily decrease would result in a corresponding 3% loss (excluding fees).