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.