How Short & Leveraged ETPs Work
07 Mar, 2023 | GraniteShares
Available for trading on London Stock Exchange.
GraniteShares 3x Short 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 Short 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 fall by 3%, excluding fees and other adjustments. However, if BAE Systems plc falls by 1% over a day, then the ETP will rise by 3%, excluding fees and other adjustments.
07 Mar, 2023 | GraniteShares
04 Jul, 2022 | GraniteShares
16 Dec, 2020 | GraniteShares
Exchange | Trading Currency |
Ticker | ISIN | SEDOL | WKN |
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London Stock Exchange | GBX | 3SBA | XS2698604563 | BRRD6D5 |
1 Month | 3 Months | YTD | 1 Year | 3 Year | Since Inception |
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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.