WisdomTree Long GBP Short EUR 5x Daily header image

WisdomTree Long GBP Short EUR 5x Daily

ETF

ISIN JE00BMM1X163 / Valor null

NAV (2024-11-07)
EUR 27.05+0.86%

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.

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Source

https://dataspanapi.wisdomtree.com/pdr/documents/PRIIP_KID/FXL/DE/DE-DE/JE00BMM1X163/

Tags:
Currency leverage msfxsm 5x long british poundeuro total return index

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