3SGL

3x Short Glencore (GLEN) ETP


Available for trading on London Stock Exchange.

3SGL Product Description

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

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Key Facts

Tickers (Trading Currency)
3SGL
ISIN
XS2596087242
Underlying Stock
Leverage Factor
-3x
Base Currency
GBP
Total Daily Ongoing Cost
0.0124%
Value per ETP Security as of 26 September 2023
£19.29109853
Dividend
Reinvested
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3x Short Glencore (GLEN) ETP OVERVIEW

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

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange GBX 3SGL XS2596087242 BQZC897

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

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Short 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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