WisdomTree Natural Gas 2x Daily Leveraged (LNGA.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
March 11, 2008
The WisdomTree Natural Gas 2x Daily Leveraged is a fully collateralized Exchange Traded Commodity (ETC) designed to offer investors amplified exposure to natural gas prices. It aims to deliver a total return equivalent to double the daily performance of the Bloomberg Natural Gas SL Excess Return Index (BNGSLER), incorporating interest income while also accounting for all associated fees and costs. For example, should the Bloomberg Natural Gas SL Excess Return Index experience a 1% gain within a day, the ETC's value would typically appreciate by 2%, prior to the deduction of fees. Conversely, a 1% daily decline in the index would result in a 2% decrease for the ETC, also before fees are considered.