Description

This fully collateralised, UCITS-eligible Exchange Traded Product (ETP) is designed to give investors amplified exposure to the daily movements of the FTSE 100. It is engineered to track the FTSE 100 Daily Super Leveraged RT TR Index (UKXL3X), delivering a total return that is three times the daily performance of the FTSE 100 Net Dividend TR Index, after factoring in all costs and fees inherent in managing such a leveraged equity position. For instance, if the FTSE 100 Net Dividend TR Index gains 1% in a single trading day, the ETP's value would increase by 3% (before fees). Conversely, a 1% drop in the index over the same period would result in a 3% decrease for the ETP, excluding fees.