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GraniteShares

3LUB

GraniteShares 3x Long UBER Daily ETP

Product Description

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

For example, if Uber Technologies Inc rises by 1% over a day, then the ETP will rise by 3%, excluding fees and other adjustments. However, if Uber Technologies Inc 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
3LUB
Underlying Stock
Uber Technologies Inc
Leverage Factor
+3x
Base Currency
USD
Total Daily Ongoing Cost
0.0123%
Value per ETP Security as of 25 November 2020
$18.59712659
Dividend
Reinvested

Overview

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange USD 3LUB XS2193972838 BM97GM9
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.

Overview

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange USD 3LUB XS2193972838 BM97GM9

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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