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GraniteShares

3LNV

GraniteShares 3x Long NVIDIA Daily ETP

Product Description

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

For example, if NVIDIA Corp rises by 1% over a day, then the ETP will rise by 3%, excluding fees and other adjustments. However, if NVIDIA Corp 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
  Prospectus
  KID
Ticker
3LNV (USD) / 3LVE (EUR) / 3LVP (GBX)
Underlying Stock
NVIDIA Corp
Leverage Factor
+3x
Base Currency
USD
Total Daily Ongoing Cost
0.0059%
Value per ETP Security as of 30 July 2021
$25.35463822
Dividend
Reinvested
Granite Shares

Overview

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange USD 3LNV XS2193971947 BM97GH4
London Stock Exchange EUR 3LVE XS2193971947 BKVCT30
London Stock Exchange GBX 3LVP XS2193971947 BKVCV34
1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3LNV Return -10.36% 98.28% 136.73% 241.82% - 407.09%
Benchmark Return 81.49% 224.05% 141.13% - - 415.75%

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 3LNV XS2193971947 BM97GH4
London Stock Exchange EUR 3LVE XS2193971947 BKVCT30
London Stock Exchange GBX 3LVP XS2193971947 BKVCV34

1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3LNV Return -10.36% 98.28% 136.73% 241.82% - 407.09%
Benchmark Return 81.49% 224.05% 141.13% - - 415.75%

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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