WisdomTree Long GBP Short EUR 5x Daily
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General Objective
The fund aims to provide investors with a leveraged exposure to GBP relative to EUR, tracking the MSFXSM 5X Long British Pound/Euro Total Return Index, with a total return comprised of 5 times the daily performance of FX forward contracts being Long GBP relative to EUR.
Fund Exposure
The fund provides a 5x leveraged 'long' exposure to GBP relative to EUR, with an interest rate differential reflecting the difference between the GBP and the EUR exchange rates. It is a fully collateralised, UCITS eligible Exchange Traded Product (ETP) that does not require investors to hold derivatives or a margin account.
Risks
Investing in this fund involves risks such as market risk, liquidity risk, and potential losses due to daily compounding and leverage. It is structured as a debt security and is not a UCITS product, suitable for sophisticated and informed investors who understand the risks associated with short and leveraged exposure. Investors should monitor their investment daily and seek professional advice before investing.