BP3L
•
Equity
LEVERAGE SHARES 3X BP ETP
TER (bps):
75
AUM (USD m):
0
ISIN:
XS2297636107
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
United Kingdom
As of:
28 Aug 2024
Climate Fund:
No
Benchmark
The Leverage Shares 3x BP ETP Securities seeks to track the iSTOXX Leveraged 3x BP Index, which is designed to provide 3x the daily return of BP Plc ADR stock, adjusted to reflect the fees and costs of maintaining a leveraged position in the stock. It invests directly in the underlying BP Plc ADR stock and uses margin (borrowing) to purchase additional shares of BP Plc ADR stock.
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