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Wisdomtree Multi Asset Issuer Public Limited Company WISDOMTREE NATURAL GAS 3X DAILY LEVERAGE (3NGL)
Open
$0.4225
Previous close
$0.4267
Trade high
$0.4235
Income frequency
-
Year low
$0.40
Year high
$10.0544
Replication method
Synthetic Replication
Volume
346,267
Type
ETF
UCITS
No
Dividend yield
–
Ongoing charge
4.48
ISIN
XS2819843900
This share can be held in a Dealing accountStocks and shares ISALifetime ISASIPP
Before investing please read:
Share price
Asset allocation
Top 10 holdings
| Holdings 31/08/2021 | % of assets |
|---|---|
| TRS Solactive Natural Gas Com Fut SL TR EUR | 100.00 |
Investment objective
The fund is designed to provide a total return comprised of three times the daily performance of the Solactive Natural Gas Commodity Futures SL Index (the "Benchmark"), plus the interest revenue earned on the collateralised amount. For example, if the index rises by 1% over a day, then the ETP will rise by 3%. However if the index falls by 1% over a day, then the ETP will fall by 3%. In both cases excluding fees and interest revenue. Holding this product for more than one day is likely to result in a return which is different to 3 times the return of the Benchmark over that holding period. This difference, called the ''Compounding Effect'', is caused by the product's daily leverage rebalancing, and is magnified by more leverage and longer holding periods. Compounding may have a positive or negative impact on the product's return, but tends to have a negative impact the higher the volatility of the Benchmark.
This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Learn more about SDR.