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GraniteShares

3SUB

GraniteShares 3x Short UBER Daily ETP

Product Description

GraniteShares 3x Short 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 Short 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 fall by 3%, excluding fees and other adjustments. However, if Uber Technologies Inc falls by 1% over a day, then the ETP will rise 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
Tickers (Trading Currency)
3SUB (USD) / 3SUE (EUR) / 3SUP (GBX)
Underlying Stock
Uber Technologies Inc
Leverage Factor
-3x
Base Currency
USD
Total Daily Ongoing Cost
0.0132%
Value per ETP Security as of 23 September 2021
$0.21368767
Dividend
Reinvested
Granite Shares

OVERVIEW

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange USD 3SUB XS2193973059 BM97GN0
London Stock Exchange EUR 3SUE XS2193973059 BKVCT85
London Stock Exchange GBX 3SUP XS2193973059 BKVCV89
1 Month 3 Months YTD 1 Year 3 Year Since Inception
Benchmark Return -6.38% -8.37% -50.34% - - -95.86%

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 3SUB XS2193973059 BM97GN0
London Stock Exchange EUR 3SUE XS2193973059 BKVCT85
London Stock Exchange GBX 3SUP XS2193973059 BKVCV89

1 Month 3 Months YTD 1 Year 3 Year Since Inception
Benchmark Return -6.38% -8.37% -50.34% - - -95.86%

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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