WisdomTree WTI Crude Oil 3x Daily Short (3SOI.L) LSE
Currency In GBp
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Currency In GBp
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
The WisdomTree WTI Crude Oil 3x Daily Short is a fully collateralized Exchange Traded Commodity (ETC) meticulously crafted to offer investors amplified inverse exposure to the daily fluctuations of WTI Crude Oil. Its total return incorporates three times the inverse daily performance of the Solactive WTI Crude Oil Commodity Futures SL Index (SOLWSCL2), enhanced by interest revenue, all while accounting for product-related fees and expenses. For instance, should the Solactive WTI Crude Oil Commodity Futures SL Index advance by 1% during a single day, the ETC is designed to depreciate by 3%, prior to considering costs. Conversely, if the index recedes by 1% over the same period, the ETC would typically appreciate by 3%, excluding any charges.