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