3x Short Rolls-Royce (RR) ETP

Available for trading on London Stock Exchange.

3SRR Product Description

GraniteShares 3x Short Rolls-Royce 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 Rolls-Royce Holdings plc Index that seeks to provide -3 times the daily performance of Rolls-Royce Holdings plc shares.

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

What is Rolls-Royce(RR)?

Rolls-Royce (LON: RR) is a British multinational aerospace and defence company incorporated in February 2011. The company owns Rolls-Royce, a business established in 1904 that today designs, manufactures and distributes power systems for aviation and other industries.

Their range of products goes from advanced technologies for defence businesses as well as land, naval, aerospace, submarines, and services. It is the world's second-largest aircraft engine maker and has major marine propulsion and energy businesses. In 2018, Rolls Royce became the 16th defence contractor in terms with when measured by defence revenues. The company is listed on the London Stock Exchange and is a part of the FTSE 100 Index.

Rolls Royce Q2 Earning Report FY23

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Key Facts

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Leverage Factor
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Total Daily Ongoing Cost
Value per ETP Security as of 27 September 2023
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3x Short Rolls-Royce (RR) ETP OVERVIEW

LISTING AND CODES for 3x Short Rolls-Royce (RR) ETP

Exchange Trading
London Stock Exchange GBX 3SRR XS2698603599 BRRD6B3

INDEX & PERFORMANCE of 3x Short Rolls-Royce (RR) ETP

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Short Rolls-Royce (RR) 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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