WisdomTree WTI Crude Oil 3x Daily Leveraged (3LOI.L) LSE
Currency In GBp
- General
- Statistics
- Historical Data
- Profile
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Currency In GBp
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
November 19, 2020
The WisdomTree WTI Crude Oil 3x Daily Leveraged is a fully collateralized Exchange Traded Commodity (ETC) designed to offer investors an amplified, three-times daily leveraged exposure to the price fluctuations of WTI Crude Oil. The overall return generated by this ETC is comprised of three times the daily performance of the Solactive WTI Crude Oil Commodity Futures SL Index (SOLWSCL2), in addition to any interest income, all adjusted to reflect the associated fees and operational costs. For example, a 1% increase in the Solactive WTI Crude Oil Commodity Futures SL Index over a single day would typically result in a 3% gain for the ETC, prior to fees. Conversely, a 1% daily decrease in the index would generally lead to a 3% loss for the ETC, excluding charges.