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.

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Key Facts

Tickers (Trading Currency)
3SRD
ISIN
XS2698604308
Leverage Factor
-3x
Base Currency
GBP
Total Daily Ongoing Cost
0.0087%
Value per ETP Security as of 27 September 2023
£0.07066131
Dividend
Reinvested
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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

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.

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