WisdomTree Natural Gas 2x Daily Leveraged (LNGA.L) LSE

Currency In USD

AD

WisdomTree Natural Gas 2x Daily Leveraged

Address

3rd Floor, 44 Esplanade

St Helier, JE JE4 9WG

Jersey

Phone

44-20-7448-4330

Sector

Financial Services

Industry

Asset Management - Leveraged

Employees

N/A

First IPO Date

March 11, 2008

Key Executives

N/A
AD

Description

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.

AD