WisdomTree Platinum 2x Leveraged

WisdomTree Platinum 2x Leveraged
WisdomTree Platinum 2x Leveraged
LPLA
LSE
1.63 USD
1.24%

About

WisdomTree Platinum 2x Daily Leveraged is designed to enable investors to gain a leveraged exposure to a total return investment in platinum futures contracts by tracking the Bloomberg Platinum Subindex (the Index) and providing a collateral yield. A daily leveraged exposure means that the product is designed to reflect 200% of the daily percentage change in the Index level.

For example, if the Index was to decrease in value by 5% on a particular day, the product is designed to decrease in value by 10% on that day (minus fees and expenses). WisdomTree Platinum 2x Daily Leveraged is an exchange traded commodity (ETC). It is not a UCITS product. Securities in this ETC are structured as debt securities and not as shares (equity) and can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company.

The ETC is backed by swaps. The payment obligations of the swap counterparties to the Issuer are protected by collateral held which is marked to market daily. The collateral is held in segregated accounts at The Bank of New York Mellon..

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