WisdomTree Natural Gas 3x Daily Leveraged (3NGL.L) LSE
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Address
,
Luxembourg
Phone
N/A
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
December 20, 2012
The WisdomTree Natural Gas 3x Daily Leveraged is an Exchange Traded Commodity (ETC) fully backed by assets, providing investors with amplified, leveraged exposure to the natural gas market. This product is designed to achieve a total return equivalent to three times the daily performance of the Solactive Natural Gas Commodity Futures SL Index (SOLWSNG2). This return also includes any earned interest, all adjusted to reflect the associated fees and operational costs. For instance, if the Solactive Natural Gas Commodity Futures SL Index increases by 1% on a given day, the ETC would typically experience a 3% gain, prior to accounting for fees. Conversely, a 1% decline in the index over the same period would generally lead to a 3% loss for the ETC, before charges.