WisdomTree Bund 30Y 3x Daily Short header image

WisdomTree Bund 30Y 3x Daily Short

ETF

ISIN IE00BF4TW453 / Valor 39476178

NAV (2024-11-01)
EUR 71.26+2.36%

WisdomTree Bund 30Y 3x Daily Short
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General Objective

The fund aims to provide investors with a leveraged short exposure to Bunds 30Y futures contracts, offering a total return comprised of -3 times the daily performance of the BNP Paribas Long Bund 30Y Rolling Future Index.

Fund Exposure

The fund is primarily exposed to sovereign debt asset class with a leverage factor of -3x, tracking the BNP Paribas Long Bund 30Y Rolling Future Index. This exposure allows investors to gain a leveraged short position on Bunds 30Y.

Risks

Investing in this fund involves market risk, liquidity risk, and currency risk. Market risk arises from fluctuations in the value of the Index, while liquidity risk may impact the ability to buy or sell securities on the stock exchange. Currency risk is present as the securities are quoted in EUR, potentially affecting the value of investments in other currencies. Additionally, the fund is structured as a debt security and not as shares, and daily compounding may lead to unexpected returns for investors who do not fully understand the workings of a daily leveraged ETP.

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Source

https://www.wealthmanagement.bnpparibas.de/web/Wertpapier/Hebelprodukt/Wisdomtree_Short_Auf_Bund_30y_3x_Short_Daily-IE00BF4TW453

Tags:
leveraged sovereign debt bnp paribas long bund 30y rolling future index

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