New Listing

GraniteShares launches leveraged ETPs on French large-cap stocks

The firm has launched 20 triple short and long ETPs targeting the ten largest companies in France

Jamie Gordon

a tall tower in a city

GraniteShares has launched the single-stock exchange-traded products (ETPs) offering triple leveraged short and long exposures on ten of the largest French companies.

The ETP issuer has listed 20 ETPs on Euronext Paris with daily fees ranging from 0.005% to 0.008% apiece.

The short and leverage (S&L) ETPs will enable investors to take high conviction, bullish or bearish positions on the daily returns of Airbus, AXA, BNP, Danon, L'Oréal, LVMH, Safran, Sanofi, Schneider Electric, STMicroelectronics and TotalEnergies.

This follows other launches from the firm including S&L NIO trackers and 12 US large-cap tech ETPs in March. 

Benoit Autier, co-founder and COO of GraniteShares, commented: “The interest of the French market is to be composed of companies operating in a range of sectors subject to diverse macroeconomic drivers.

“French and European investors now have the opportunity, through a traditional brokerage account, to express their bullish or bearish convictions on 10 of the biggest French stocks.” 

The ETPs are: 

  • GraniteShares 3x Long Airbus Daily ETP Securities (3LAR) 

  • GraniteShares 3x Short Airbus Daily ETP Securities (3SAR) 

  • GraniteShares 3x Long AXA Daily ETP Securities (3LAX) 

  • GraniteShares 3x Short AXA Daily ETP Securities (3SAX) 

  • GraniteShares 3x Long BNP Daily ETP Securities (3LBN) 

  • GraniteShares 3x Short BNP Daily ETP Securities (3SBN) 

  • GraniteShares 3x Long Danone Daily ETP Securities (3LDA) 

  • GraniteShares 3x Short Danone Daily ETP Securities (3SDA) 

  • GraniteShares 3x Long L'Oreal Daily ETP Securities (3LOR) 

  • GraniteShares 3x Short L'Oreal Daily ETP Securities (3SOR) 

  • GraniteShares 3x Long LVMH Daily ETP Securities (3LLV) 

  • GraniteShares 3x Short LVMH Daily ETP Securities (3SLV) 

  • GraniteShares 3x Long Safran Daily ETP Securities (3LSA) 

  • GraniteShares 3x Short Safran Daily ETP Securities (3SSA) 

  • GraniteShares 3x Long Sanofi Daily ETP Securities (3LSN) 

  • GraniteShares 3x Short Sanofi Daily ETP Securities (3SSN) 

  • GraniteShares 3x Long Schneider Electric Daily ETP Securities (3LSE) 

  • GraniteShares 3x Short Schneider Electric Daily ETP Securities (3SSE) 

  • GraniteShares 3x Long STMicroelectronics Daily ETP Securities (3LST) 

  • GraniteShares 3x Short STMicroelectronics Daily ETP Securities (3SST) 

  • GraniteShares 3x Long TotalEnergies Daily ETP Securities (3LTO) 

  • GraniteShares 3x Short TotalEnergies Daily ETP Securities (3STO) 

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TOPICS

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