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3SBP

3x Short BP (BP) ETP


Available for trading on .

Product Description

GraniteShares 3x Short BP 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 BP PLC Index that seeks to provide -3 times the daily performance of BP p.l.c. shares.

For example, if BP p.l.c. rises by 1% over a day, then the ETP will fall by 3%, excluding fees and other adjustments. However, if BP p.l.c. 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)
3SBP
ISIN
XS2620728274
Underlying Stock
Leverage Factor
-3x
Base Currency
GBP
Total Daily Ongoing Cost
0.0104%
Value per ETP Security as of 02 June 2023
£39.35102480
Dividend
Reinvested
Best ETP Provider

3x Short BP (BP) ETP OVERVIEW

LISTING AND CODES for 3x Short BP (BP) ETP

Prices and Codes are affected by the Reverse Split of the Ratio 1:500
Exchange Trading
Currency
Ticker ISIN SEDOL WKN

INDEX & PERFORMANCE of 3x Short BP (BP) ETP

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Short BP (BP) 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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