WisdomTree Natural Gas 3x Daily Short (3NGS.L) LSE
Currency In USD
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WisdomTree Natural Gas 3x Daily Short
Address
,
Ireland
Phone
N/A
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
December 20, 2012
Key Executives
N/ADescription
The WisdomTree Natural Gas 3x Daily Short is a fully collateralized Exchange Traded Commodity (ETC) designed to provide investors with a magnified bearish position on natural gas prices. This product's total return aims to deliver three times the inverse daily movement of the Solactive Natural Gas Commodity Futures SL Index (SOLWSNG2). Additionally, its performance accounts for interest revenue, adjusted to reflect all applicable fees and costs. For illustrative purposes: Should the Solactive Natural Gas Commodity Futures SL Index increase by 1% in a single day, the ETC would typically experience a 3% decrease, before accounting for fees. Conversely, if the Solactive Natural Gas Commodity Futures SL Index falls by 1% on that same day, the ETC would generally see a 3% increase, prior to fees.