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GraniteShares

3LNI

GraniteShares 3x Long NIO Daily ETP

Product Description

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

For example, if NIO Inc rises by 1% over a day, then the ETP will rise by 3%, excluding fees and other adjustments. However, if NIO 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
3LNI (USD) / 3LIE (EUR) / 3LIP (GBX)
Underlying Stock
NIO Inc
Leverage Factor
+3x
Base Currency
USD
Total Daily Ongoing Cost
0.0127%
Value per ETP Security as of 30 July 2021
$3.05612558
Dividend
Reinvested
Granite Shares

Overview

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange USD 3LNI XS2193973133 BKY7XC9
London Stock Exchange EUR 3LIE XS2193973133 BKVCSN3
London Stock Exchange GBX 3LIP XS2193973133 BKVCTN0
1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3LNI Return -47.36% 3.37% -38.88% - - -38.88%
Benchmark Return 88.14% 45.06% -24.07% - - -24.07%

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 3LNI XS2193973133 BKY7XC9
London Stock Exchange EUR 3LIE XS2193973133 BKVCSN3
London Stock Exchange GBX 3LIP XS2193973133 BKVCTN0

1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3LNI Return -47.36% 3.37% -38.88% - - -38.88%
Benchmark Return 88.14% 45.06% -24.07% - - -24.07%

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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