Rolls Royce: is it worth investing in now?
04 Jul, 2022 | GraniteShares
Leverage the daily return of Rolls-Royce Holdings plc (RR) stocks with 3x Long Rolls-Royce ETP. Available for trading on London Stock Exchange.
GraniteShares 3x Long Rolls-Royce 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 Long Rolls-Royce Holdings plc Index that seeks to provide 3 times the daily performance of Rolls-Royce Holdings plc shares.
For example, if Rolls-Royce Holdings plc rises by 1% over a day, then the ETP will rise by 3%, excluding fees and other adjustments. However, if Rolls-Royce Holdings plc falls by 1% over a day, then the ETP will fall by 3%, excluding fees and other adjustments.
Rolls-Royce (LON: RR) is a British multinational aerospace and defence company incorporated in February 2011. The company owns Rolls-Royce, a business established in 1904 that today designs, manufactures and distributes power systems for aviation and other industries.
Their range of products goes from advanced technologies for defence businesses as well as land, naval, aerospace, submarines, and services. It is the world's second-largest aircraft engine maker and has major marine propulsion and energy businesses. In 2018, Rolls Royce became the 16th defence contractor in terms with when measured by defence revenues. The company is listed on the London Stock Exchange and is a part of the FTSE 100 Index.
04 Jul, 2022 | GraniteShares
30 Oct, 2020 | GraniteShares
13 Sep, 2023 | GraniteShares
16 Dec, 2020 | GraniteShares
Exchange | Trading Currency |
Ticker | ISIN | SEDOL | WKN |
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London Stock Exchange | GBX | 3LRR | XS2856106567 | BSMQH44 |
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.