3LGL

3x Leverage Glencore (GLEN) ETP


Leverage the daily return of Glencore plc (GLEN) stocks with 3x Long Glencore ETP. Available for trading on London Stock Exchange.

3LGL Product Description

GraniteShares 3x Long Glencore 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 Glencore PLC Index that seeks to provide 3 times the daily performance of Glencore plc shares.

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

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Key Facts

Tickers (Trading Currency)
3LGL
ISIN
XS2712624423
Underlying Stock
Leverage Factor
+3x
Base Currency
GBP
Total Daily Ongoing Cost
0.0107%
Value per ETP Security as of 26 September 2023
£4.62224110
Dividend
Reinvested
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3x Leverage Glencore (GLEN) ETP OVERVIEW

LISTING AND CODES for 3x Leverage Glencore (GLEN) ETP

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange GBX 3LGL XS2712624423 BNV0BP1

INDEX & PERFORMANCE of 3x Leverage Glencore (GLEN) ETP

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Leverage Glencore (GLEN) 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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