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