WisdomTree Platinum 2x Daily Leveraged (LPLA.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 Platinum 2x Daily Leveraged is a fully collateralized Exchange Traded Commodity (ETC) designed to offer investors amplified exposure to the price movements of platinum. This product aims to generate a total return equivalent to twice the daily performance of the Bloomberg Platinum Sub Excess Return Index (BCOMPL). This return also incorporates any interest earned, after accounting for all associated product fees and expenses. For clarity, if the Bloomberg Platinum Index advances by 1% in a single day, the ETC is structured to rise by 2% (before fees). Conversely, should the index decline by 1% over the same period, the ETC would typically incur a 2% loss, again prior to any charges.