Description

This fully collateralized Exchange Traded Commodity (ETC) offers investors enhanced exposure to gold by tracking three times the daily movements of the Solactive Gold Commodity Futures SL Index (SOLWSGC1). Its total return encompasses triple the index's daily performance, plus any accrued interest income, less applicable product fees and costs. For clarity, should the Solactive Gold Commodity Futures SL Index climb by 1% over a single day, the ETC is designed to appreciate by roughly 3%, before expenses. Conversely, a 1% decline in the index during a trading day would typically lead to an equivalent 3% decrease in the ETC's value, prior to charges.