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GraniteShares

3LDO

GraniteShares 3x Long Diageo Daily ETP

Product Description

GraniteShares 3x Long Diageo 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 Diageo plc Index that seeks to provide 3 times the daily performance of Diageo plc shares.

For example, if Diageo plc rises by 1% over a day, then the ETP will rise by 3%, excluding fees and other adjustments. However, if Diageo plc falls by 1% over a day, then the ETP will fall by 3%, excluding fees and other adjustments.

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Key Facts

  Fact Sheet
  Fact Sheet
  KID
Ticker
3LDO
Underlying Stock
Diageo plc
Leverage Factor
+3x
Base Currency
GBP
Total Daily Ongoing Cost
0.0060%
Value per ETP Security as of 12 August 2020
£2.2557
Dividend
Reinvested

Overview

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange GBX 3LDO XS2066793790 BHR4768
1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3LDO Return -29.74% -54.67% -53.91% - - -52.38%
Benchmark Return -29.62% -54.47% -53.70% - - -

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 GBX 3LDO XS2066793790 BHR4768

1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3LDO Return -29.74% -54.67% -53.91% - - -52.38%
Benchmark Return -29.62% -54.47% -53.70% - - -

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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