WisdomTree Silver 3x Daily Leveraged (3LSI.L) LSE
Currency In GBp
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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
December 20, 2012
The WisdomTree Silver 3x Daily Leveraged is a fully collateralized Exchange Traded Commodity (ETC) designed to offer investors magnified exposure to the fluctuations in Silver prices. Its total return is structured to be three times the daily performance of the Solactive Silver Commodity Futures SL Index (SOLWSSI1), additionally factoring in interest income, adjusted for product-specific costs and fees. To illustrate, if the Solactive Silver Commodity Futures SL Index advances by 1% in a single day, the ETC would typically increase by 3%, excluding fees. Conversely, a 1% drop in the index over the same timeframe would generally result in a 3% decrease in the ETC's value, prior to the deduction of fees.