WisdomTree Sugar 3x Daily Leveraged (3SUL.L) LSE
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Address
3rd Floor, 44 Esplanade
St Helier, JE4 9WG
Jersey
Phone
44-20-7448-4330
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
November 23, 2015
This WisdomTree Exchange Traded Commodity (ETC) provides investors with amplified exposure to the sugar market, being entirely collateralised. It aims to deliver a total return equivalent to three times the daily fluctuations of the Bloomberg Sugar Sub Excess Return Index (BCOMSB), plus any interest income generated, after accounting for all relevant product charges and expenses. For illustration, a 1% daily gain in the Bloomberg Sugar Sub Excess Return Index would typically result in a 3% increase in the ETC's value, prior to fees. Conversely, a 1% daily decline in the index would generally lead to a 3% decrease in the ETC's value, also before considering fees.