WisdomTree Long GBP Short USD 3x Daily

The fund aims to provide investors with a leveraged exposure to GBP relative to USD, tracking the MSFXSM Triple Long British Pound Total Return Index to achieve a total return comprised of 3 times the daily performance of FX forward contracts being Long GBP relative to USD.

The fund provides a 3x leveraged 'long' exposure to GBP relative to USD, with an interest rate differential reflecting the difference between the GBP and the USD exchange rates. It is designed to magnify returns in one simple trade, offering transparent performance and fees for investors.

Investing in this fund involves risks, as it is structured as a debt security and not as shares (equity). It is not a UCITS product and is intended for sophisticated and informed investors who understand leverage, daily rebalancing, and compounded daily returns. Potential losses in leveraged ETPs may be magnified, especially in extreme volatility, and investors should monitor their investment daily to ensure consistency with their strategy.

https://www.wisdomtree.eu/en-gb/products/short-leveraged-etps/currencies/wisdomtree-long-gbp-short-usd-3x-daily