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

61.33

+5.40262(+9.66%)

Updated at June 03 02:08PM

Currency In USD

WisdomTree WTI Crude Oil 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

November 19, 2020

Key Executives

N/A

Description

WisdomTree WTI Crude Oil 3x Daily Leveraged is a fully collateralised Exchange Traded Commodity (ETC) designed to provide investors with a leveraged exposure to WTI Crude Oil . The ETC provides a total return comprised of 3 times the daily performance of the Solactive WTI Crude Oil Commodity Futures SL Index (SOLWSCL2), plus the interest revenue adjusted to reflect fees and costs associated with the product. For example, if the Solactive WTI Crude Oil Commodity Futures SL Index rises by 1% over a day, then the ETC will rise by 3%, excluding fees. However if the Solactive WTI Crude Oil Commodity Futures SL Index falls by 1% over a day, then the ETC will fall by 3%, excluding fees.