Description

This fully collateralized WisdomTree Exchange Traded Product (ETP), compliant with UCITS regulations, offers investors a magnified daily inverse position against the Japanese Yen relative to the US Dollar. It is designed to track the performance of the MSFXSM Triple Short Japanese Yen Total Return Index (MSCEJPUS). The total return generated is equivalent to three times the daily fluctuations of short JPY/long USD foreign exchange forward contracts, augmented by interest revenue, after accounting for all associated product fees and expenses. For instance, should the Japanese Yen strengthen by 1% against the US Dollar in a single trading day, the ETP would typically experience a decline of approximately 3%, before factoring in expenses. Conversely, if the Japanese Yen weakens by 1% against the US Dollar on a given day, the ETP would generally see its value increase by around 3%, prior to any charges.