BAB3
•
Equity
LEVERAGE SHARES 3X ALIBABA ETP
TER (bps):
75
AUM (USD m):
7
ISIN:
XS2337090851
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
China
As of:
18 Nov 2024
Climate Fund:
No
Benchmark
The Leverage Shares 3x Alibaba ETP Securities seeks to track the iSTOXX Leveraged 3x BABA Index, which is designed to provide 3x the daily return of Alibaba Group Holding Ltd. ADR stock, adjusted to reflect the fees and costs of maintaining a leveraged position in the stock. It invests directly in the underlying Alibaba Group Holding Ltd. ADR stock and uses margin (borrowing) to purchase additional shares of Alibaba Group Holding Ltd. ADR stock.
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