3MBE
•
Equity
LEVERAGE SHARES 3X LONG MERCEDES BENZ (MBG) ETP SECURITIES
TER (bps):
75
AUM (USD m):
0
ISIN:
XS2472333348
Domicile:
Ireland
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
Germany
As of:
08 Oct 2024
Climate Fund:
No
Benchmark
The Leverage Shares 3x Long Mercedes Benz (MBG) ETP Securities seeks to track the iSTOXX 3x Leveraged MBG Index, which is designed to provide 3x the daily return of MERCEDES-BENZ GROUP AG stock, adjusted to reflect the fees and costs of maintaining a leveraged position in the stock. It invests directly in the underlying MERCEDES-BENZ GROUP AG stock and uses margin (borrowing) to purchase additional shares of MERCEDES-BENZ GROUP AG stock.
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