WisdomTree Short GBP Long USD 3x Daily (SGB3.L) LSE
43.32
-0.26(-0.60%)
Currency In USD
- General
- Statistics
- Historical Data
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- Financials
43.32
-0.26(-0.60%)
Currency In USD
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
November 03, 2010
WisdomTree Short GBP Long USD 3x Daily is a fully collateralised, UCITS eligible Exchange Traded Product (ETP) designed to provide investors with a leveraged short exposure to GBP relative to USD. The ETP tracks the MSFXSM Triple Short British Pound Total Return Index (MSCEGBUS), providing a total return comprised of 3 times the daily performance of FX forward contracts being Short GBP relative to USD, plus the interest revenue adjusted to reflect fees and costs associated with the product. For example, if GBP rises by 1% relative to USD over a day, then the ETP will fall by 3%, excluding fees. However if GBP falls by 1% relative to USD over a day, then the ETP will rise by 3%, excluding fees.