XLE3
•
Equity
LEVERAGE SHARES 3X LONG OIL & GAS ETP
TER (bps):
75
AUM (USD m):
0
ISIN:
XS2399370555
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
United States
As of:
18 Apr 2024
Climate Fund:
No
Benchmark
The Leverage Shares 3x Long Oil & Gas ETP Securities seeks to track the 3x Long Oil & Gas Investment Strategy, which is designed to provide 3x the daily return of Energy Select Sector SPDR Fund stock, adjusted to reflect the fees and costs of maintaining a leveraged position in the stock. It invests directly in the underlying Energy Select Sector SPDR Fund stock and uses margin (borrowing) to purchase additional shares of Energy Select Sector SPDR Fund stock.
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