3SBA

3x Short BAE Systems (BAES) ETP


Available for trading on London Stock Exchange.

3SBA Product Description

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.

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Key Facts

Tickers (Trading Currency)
3SBA
ISIN
XS2698604563
Underlying Stock
Leverage Factor
-3x
Base Currency
GBP
Total Daily Ongoing Cost
0.0090%
Value per ETP Security as of 26 September 2023
£0.11001639
Dividend
Reinvested
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3x Short BAE Systems (BAES) ETP OVERVIEW

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

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange GBX 3SBA XS2698604563 BRRD6D5

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

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Short 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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