WisdomTree S&P 500 3x Daily Leveraged (3LUS.L) LSE
Currency In GBp
- General
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- Historical Data
- Profile
- Financials
WisdomTree S&P 500 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
This WisdomTree Exchange Traded Product (ETP), fully collateralized and UCITS-eligible, is designed to offer investors an amplified daily return linked to the S&P 500. It targets a total return equivalent to three times the daily performance of the S&P 500 Net Total Return Index (SPTR500N), with this final return also accounting for the various fees and costs inherent in managing a leveraged equity exposure. For instance, a 1% daily increase in the S&P 500 Net Total Return Index would typically result in a 3% upward movement for the ETP, prior to fee deductions. Conversely, a 1% daily decrease in the index would lead to a 3% downward movement for the ETP, also before such charges.