Alibaba - E-commerce Juggernaut
26 May, 2022 | GraniteShares
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.
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
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.
26 May, 2022 | GraniteShares
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 |
1 Month | 3 Months | YTD | 1 Year | 3 Year | Since Inception |
---|
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.