Description

The WisdomTree NASDAQ 100 3x Daily Leveraged is an Exchange Traded Product (ETP), fully backed by collateral and compliant with UCITS regulations. Its primary purpose is to offer investors magnified, leveraged exposure to the NASDAQ 100 index on a daily basis. This ETP aims to provide a total return that is three times (3x) the daily movement of the NASDAQ 100 Net Total Return Index (XNDXNNR), before accounting for the various fees and expenses inherent in managing a leveraged investment in equities. For instance, if the NASDAQ 100 Net Total Return Index experiences a 1% increase during a single trading day, this ETP is designed to appreciate by approximately 3% (excluding fees). Conversely, should the index fall by 1% over the course of a day, the ETP would similarly decrease by roughly 3% (prior to fees).