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GraniteShares

3LNF

GraniteShares 3x Long Netflix Daily ETP

Product Description

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

For example, if Netflix Inc rises by 1% over a day, then the ETP will rise by 3%, excluding fees and other adjustments. However, if Netflix Inc 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
3LNF (USD) / 3LNE (EUR) / 3LNP (GBX)
Underlying Stock
Netflix Inc
Leverage Factor
+3x
Base Currency
USD
Total Daily Ongoing Cost
0.0067%
Value per ETP Security as of 26 July 2021
$4.48485988
Dividend
Reinvested
Granite Shares

Overview

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange USD 3LNF XS2193970543 BM97GC9
London Stock Exchange EUR 3LNE XS2193970543 BKVCSZ5
London Stock Exchange GBX 3LNP XS2193970543 BKVCTZ2
1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3LNF Return -7.02% -0.20% -22.70% -22.89% - -10.30%
Benchmark Return 9.42% 3.78% -20.03% - - -5.88%

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 3LNF XS2193970543 BM97GC9
London Stock Exchange EUR 3LNE XS2193970543 BKVCSZ5
London Stock Exchange GBX 3LNP XS2193970543 BKVCTZ2

1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3LNF Return -7.02% -0.20% -22.70% -22.89% - -10.30%
Benchmark Return 9.42% 3.78% -20.03% - - -5.88%

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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