Description

This WisdomTree Exchange Traded Product (ETP) provides investors with a leveraged inverse position against the FTSE 100, adhering to UCITS eligibility and being fully collateralised. It aims to generate a total return that is three times the inverse daily performance of the FTSE 100 Total Return Declared Dividend Index, with adjustments for management fees and the costs and revenues associated with short selling. The product's performance is benchmarked against the FTSE 100 Daily Ultra Short Strategy RT Gross TR Index (UKXI3X). For instance, a 1% rise in the FTSE 100 Total Return Declared Dividend Index over a single day would typically result in a 3% decrease in the ETP's value, excluding fees. Conversely, a 1% fall in the index over the same period would generally lead to a 3% increase for the ETP, prior to fee deductions.