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GraniteShares

3FNG

GraniteShares 3x Long FAANG Daily ETP

Product Description

GraniteShares 3x Long FAANG Daily ETP is a collateralised Exchange Traded-Product (ETP). The ETP tracks, excluding fees and other adjustments, the performance of the Solactive Daily Leveraged 3x long FAANG Index that seeks to provide 3 times the daily performance of the Solactive FAANG Equal Weight Index.

The Solactive FAANG Equal Weight Index provides exposure to Amazon, Apple, Alphabet , Facebook, Netflix Inc with each component equally weighted after each quarterly rebalancing.

This product is available in USD, EUR, GBX

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Key Facts

  Fact Sheet
  Fact Sheet
  KID
Ticker
3FNG (USD) / 3FNE (EUR) / 3FNP (GBX)
Index Tracked
Solactive Daily Leveraged 3x long FAANG Index
Leverage Factor
+3x
Base Currency
USD
Total Daily Ongoing Cost
0.0055%
Value per ETP Security as of 13 May 2021
$5.84272820
Dividend
Reinvested
Granite Shares

Overview

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange USD 3FNG XS2305050804 BKY7NT6
London Stock Exchange EUR 3FNE XS2305050804 BKVCSC2
London Stock Exchange GBX 3FNP XS2305050804 BKVCTC9
1 Month 3 Months YTD 1 Year 3 Year Since
Inception

Top Fund Exposures

Amazon 20%
Apple 20%
Alphabet 20%
Facebook 20%
Netflix Inc 20%

Fund exposures are subject to change

Understanding collateral


Collateralised ETP Securities are backed with collateral, subject to eligibility criteria, to protect investors in event of default. The amount of collateral posted by the Swap Counterparty is held and valued by an independent custodian in a segregated account and is adjusted daily and reflects the collateralised ETPs' change in value and in the outstanding number of securities. The Bank of New York Mellon SA/NV serves as the Swap Collateral Custodian.

Overview

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange USD 3FNG XS2305050804 BKY7NT6
London Stock Exchange EUR 3FNE XS2305050804 BKVCSC2
London Stock Exchange GBX 3FNP XS2305050804 BKVCTC9

Top Fund Exposures

Amazon 20%
Apple 20%
Alphabet 20%
Facebook 20%
Netflix Inc 20%

Fund exposures are subject to change

1 Month 3 Months YTD 1 Year 3 Year Since
Inception

Understanding collateral


Collateralised ETP Securities are backed with collateral, subject to eligibility criteria, to protect investors in event of default. The amount of collateral posted by the Swap Counterparty is held and valued by an independent custodian in a segregated account and is adjusted daily and reflects the collateralised ETPs' change in value and in the outstanding number of securities. The Bank of New York Mellon SA/NV serves as the Swap Collateral Custodian.

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