3LBA

3x Leverage BAE Systems (BAES) ETP


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

3LBA Product Description

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

For example, if BAE Systems plc rises by 1% over a day, then the ETP will rise by 3%, excluding fees and other adjustments. However, if BAE Systems 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)
3LBA
ISIN
XS2722160020
Underlying Stock
Leverage Factor
+3x
Base Currency
GBP
Total Daily Ongoing Cost
0.0081%
Value per ETP Security as of 25 September 2023
£13.10250023
Dividend
Reinvested
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3x Leverage BAE Systems (BAES) ETP OVERVIEW

LISTING AND CODES for 3x Leverage BAE Systems (BAES) ETP

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange GBX 3LBA XS2722160020 BNDSD68

INDEX & PERFORMANCE of 3x Leverage BAE Systems (BAES) ETP

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Leverage BAE Systems (BAES) 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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