Leverage Shares 2x Apple ETP Securities A
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General Objective
The objective of this fund is to provide two times the value of the daily performance of Apple Inc. stock. The ETP securities seek to track the NYSE Leveraged 2x AAPL Index, which aims to deliver two times the return (gain or loss) of the Component Security on a daily basis, net of fees and expenses.
Fund Exposure
This fund is primarily exposed to Apple Inc. stock, seeking to provide two times the daily performance of the Component Security. The ETP securities are collateralized by an amount of the component security of the applicable Index to which the relevant series of ETP securities relates.
Risks
Investors should be aware that holding this product for more than one day may result in a return that is different from two times the return of the Component Security over that holding period. The Compounding Effect, caused by the product's daily leverage rebalancing, may have a negative impact on the product's return, especially with higher volatility of the Component Security. Additionally, ETP securities are non-interest bearing, not principal protected, and investors may lose some or all of their investment.