WisdomTree WTI Crude Oil 3x Daily Leveraged (3LOI.L) LSE

Currency In GBp

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WisdomTree WTI Crude Oil 3x Daily Leveraged

Address

25 North Wall Quay

Dublin, D01 H104

Ireland

Phone

353-1800-000-036

Sector

Financial Services

Industry

Asset Management - Leveraged

Employees

N/A

First IPO Date

November 19, 2020

Key Executives

N/A
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Description

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.

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