WisdomTree Silver 3x Daily Leveraged (3SIL.L) LSE
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
Currency In USD
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
This WisdomTree product, an Exchange Traded Commodity (ETC), is fully backed by assets and designed to offer investors significantly amplified exposure to silver price movements. Specifically, the "WisdomTree Silver 3x Daily Leveraged" ETC seeks to generate a total return that is three times the daily performance of the Solactive Silver Commodity Futures SL Index (SOLWSSI1), factoring in interest income and adjusting for all relevant product fees and expenses. For clarity, if the Solactive Silver Commodity Futures SL Index rises by 1% over the course of a day, the ETC's value would typically increase by 3% (excluding fees). Conversely, a 1% daily decline in the index would result in a 3% decrease in the ETC's value, before accounting for fees.