What does WisdomTree Long EUR Short USD 3x Daily invest in?▾
WisdomTree Long EUR Short USD 3x Daily is a fully collateralised, UCITS eligible Exchange Traded Product (ETP) designed to provide investors with a leveraged exposure to EUR relative to USD. The ETP tracks the MSFXSM Triple Long Euro Total Return Index (MSCEERUL), providing a total return comprised of 3 times the daily performance of FX forward contracts being Long EUR relative to USD, plus the interest revenue adjusted to reflect fees and costs associated with the product. For example, if EUR rises by 1% relative to USD over a day, then the ETP will rise by 3%, excluding fees. However if EUR...
