WisdomTree Platinum 2x Daily Leveraged (LPLA.L) LSE

Currency In USD

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WisdomTree Platinum 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
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Description

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.

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