3LNI

3x Leverage NIO (NIO) ETP


Leverage the daily return of NIO Inc (NIO) stocks with 3x Long NIO ETP. Available for trading on London Stock Exchange, Euronext Paris and Borsa Italiana.

3LNI Product Description

GraniteShares 3x Long NIO 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 NIO Index that seeks to provide 3 times the daily performance of NIO Inc shares.

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

GraniteShares +3x NIO is available in EUR,GBX,USD

What is NIO?

Nio Inc(NASDAQ: NIO) found by William Li, Hsien Tong Cheng, Lihong Qin, develops, produces, and sells automobiles, powertrains, and batteries that are smart electric vehicles. The company is headquartered in Shanghai, that also develops battery-swapping stations for its vehicles, as an alternative to conventional charging stations. The Company products include ES8, ES6, EC6 and ET7. The company for July quarter of 2023 delivered 20,462 vehicles, representing an increase of 103.6% YoY.Read more about NIO

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Key Facts

Tickers (Trading Currency)
3LIE (EUR) / 3LIP (GBX) / 3LNI (EUR) / 3LNI (USD)
ISIN
XS2600249812
Underlying Stock
Leverage Factor
+3x
Base Currency
USD
Total Daily Ongoing Cost
0.0177%
Value per ETP Security as of 25 September 2023
$10.99512085
Dividend
Reinvested
Best ETP Provider

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3x Leverage NIO (NIO) ETP OVERVIEW

LISTING AND CODES for 3x Leverage NIO (NIO) ETP

Prices and Codes are affected by the Reverse Split of the Ratio 1:50000
Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange USD 3LNI XS2600249812 BN91DY9
London Stock Exchange EUR 3LIE XS2600249812 BN91F09
London Stock Exchange GBX 3LIP XS2600249812 BN91F10
Euronext Paris EUR 3LNI XS2600249812 BN91F32
Borsa Italiana EUR 3LNI XS2600249812 BN91F21

INDEX & PERFORMANCE of 3x Leverage NIO (NIO) ETP

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Leverage NIO (NIO) 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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