3SRD
3x Short Royal Dutch Shell (RDSa) ETP
Available for trading on London Stock Exchange.
3SRD Product Description
GraniteShares 3x Short Royal Dutch Shell 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 Royal Dutch Shell PLC Index that seeks to provide -3 times the daily performance of Royal Dutch Shell plc shares.
For example, if Royal Dutch Shell plc rises by 1% over a day, then the ETP will fall by 3%, excluding fees and other adjustments. However, if Royal Dutch Shell plc falls by 1% over a day, then the ETP will rise by 3%, excluding fees and other adjustments.
Key Facts
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3x Short Royal Dutch Shell (RDSa) ETP OVERVIEW
LISTING AND CODES for 3x Short Royal Dutch Shell (RDSa) ETP
Exchange | Trading Currency |
Ticker | ISIN | SEDOL | WKN |
---|---|---|---|---|---|
London Stock Exchange | GBX | 3SRD | XS2698604308 | BRRD6C4 |
INDEX & PERFORMANCE of 3x Short Royal Dutch Shell (RDSa) ETP
1 Month | 3 Months | YTD | 1 Year | 3 Year | Since Inception |
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COLLATERAL Details of 3x Short Royal Dutch Shell (RDSa) 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.