MRN3
•
Equity
LEVERAGE SHARES 3X LONG MODERNA (MRNA) ETP
TER (bps):
75
AUM (USD m):
0
ISIN:
XS2675718725
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
United States
As of:
05 Sep 2024
Climate Fund:
No
Benchmark
The Leverage Shares 3x Long Moderna (MRNA) ETP Securities seeks to track the iSTOXX Leveraged 3x MRNA Index, which is designed to provide 3x the daily return of Moderna Inc. stock, adjusted to reflect the fees and costs of maintaining a leveraged position in the stock. It invests directly in the underlying Moderna Inc. stock and uses margin (borrowing) to purchase additional shares of Moderna Inc. stock.
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