WisdomTree Long JPY Short EUR 3x Daily
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General Objective
The fund aims to provide investors with a leveraged exposure to the Japanese Yen (JPY) relative to the Euro (EUR) by tracking the MSFXSM Triple Long Japanese Yen/Euro Total Return Index (MSCEEJUL) with a leverage factor of 3x.
Fund Exposure
The fund provides a 3x leveraged exposure to JPY relative to EUR through FX forward contracts, as well as an interest rate differential between the two currencies. It is designed for investors seeking to magnify returns through a single trade without the need for holding derivatives or a margin account.
Risks
Investing in this fund involves risks such as daily compounding, potential losses from leverage, and underperformance during extreme market volatility. It is structured as a debt security, not shares, and is intended for sophisticated investors who understand the risks associated with short and leveraged ETPs. Monitoring on a daily basis is recommended to ensure alignment with investment strategy.