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GraniteShares

3LFB

GraniteShares 3x Long Facebook Daily ETP

Product Description

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

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

This product is available in USD, EUR, GBX

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Key Facts

  Fact Sheet
  Fact Sheet
  KID
Ticker
3LFB (USD) / 3LFE (EUR) / 3LFP (GBX)
Underlying Stock
Facebook
Leverage Factor
+3x
Base Currency
USD
Total Daily Ongoing Cost
0.0054%
Value per ETP Security as of 26 July 2021
$16.08511224
Dividend
Reinvested
Granite Shares

Overview

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange USD 3LFB XS2193971350 BM97GF2
London Stock Exchange EUR 3LFE XS2193971350 BKVCT18
London Stock Exchange GBX 3LFP XS2193971350 BKVCV12
1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3LFB Return 27.12% 73.79% 124.99% 187.27% - 221.70%
Benchmark Return 16.93% 76.26% 81.49% - - 162.05%

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 3LFB XS2193971350 BM97GF2
London Stock Exchange EUR 3LFE XS2193971350 BKVCT18
London Stock Exchange GBX 3LFP XS2193971350 BKVCV12

1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3LFB Return 27.12% 73.79% 124.99% 187.27% - 221.70%
Benchmark Return 16.93% 76.26% 81.49% - - 162.05%

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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