GLD3
•
Commodity
LEVERAGE SHARES 3X LONG GOLD ETP SECURITIES
TER (bps):
75
AUM (USD m):
0
ISIN:
XS2472195101
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
Global
As of:
22 Apr 2024
Climate Fund:
No
Benchmark
The Leverage Shares 3x Long Gold ETP Securities seeks to track the 3x Long Gold Investment Strategy, which is designed to provide 3x the daily return of SPDR Gold Trust stock, adjusted to reflect the fees and costs of maintaining a leveraged position in the stock. It invests directly in the underlying SPDR Gold Trust stock and uses margin (borrowing) to purchase additional shares of SPDR Gold Trust stock.
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