Description

This WisdomTree S&P 500 3x Daily Leveraged product is a fully collateralised Exchange Traded Product (ETP) that complies with UCITS regulations. Its primary objective is to offer investors magnified exposure to the performance of the S&P 500. The ETP is designed to deliver a return equivalent to three times the daily performance of the S&P 500 Net Total Return Index (SPTR500N), after factoring in the various fees and costs inherent to managing a geared investment in equities. For example, if the S&P 500 Net Total Return Index gains 1% in a single day, the ETP would typically see a 3% increase, before accounting for its fees. Conversely, a 1% decline in the index over the same period would generally result in a 3% loss for the ETP, also prior to deducting fees.