3LAA

3x Leverage Alibaba (BABA) ETP


Leverage the daily return of Alibaba Group Holding Limited (BABA) stocks with 3x Long Alibaba ETP. Available for trading on Borsa Italiana, London Stock Exchange.

3LAA Product Description

GraniteShares 3x Long Alibaba 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 Alibaba Index that seeks to provide 3 times the daily performance of Alibaba Group Holding Limited shares.

For example, if Alibaba Group Holding Limited rises by 1% over a day, then the ETP will rise by 3%, excluding fees and other adjustments. However, if Alibaba Group Holding Limited falls by 1% over a day, then the ETP will fall by 3%, excluding fees and other adjustments.

GraniteShares +3x Alibaba is available in EUR,GBP,USD

What is Alibaba?

Alibaba Group Holding Limited provides online sales services. The Company provides internet infrastructure, electronic commerce, online financial, and internet content services through its subsidiaries. Alibaba Group Holding offers its products and services worldwide.

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Key Facts

Tickers (Trading Currency)
3LAA (EUR) / 3LAA (USD) / LAA3 (GBP)
ISIN
XS2842095320
Underlying Stock
Alibaba Group Holding Limited (BABA)
Leverage Factor
+3x
Base Currency
USD
Total Daily Ongoing Cost
0.0149%
Value per ETP Security as of 26 September 2023
$0.21037689
Dividend
Reinvested
Best ETP Provider

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3x Leverage Alibaba (BABA) ETP OVERVIEW

LISTING AND CODES for 3x Leverage Alibaba (BABA) ETP

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
Borsa Italiana EUR 3LAA XS2842095320 BS4DNL2
London Stock Exchange GBP LAA3 XS2842095320 BS4DNK1
London Stock Exchange USD 3LAA XS2842095320 BS4DNJ0

INDEX & PERFORMANCE of 3x Leverage Alibaba (BABA) ETP

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Leverage Alibaba (BABA) ETP

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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