RAC3
•
Equity
LEVERAGE SHARES 3X LONG FERRARI
TER (bps):
75
AUM (USD m):
0
ISIN:
XS2595673190
Domicile:
Ireland
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
Italy
As of:
-
Climate Fund:
No
Benchmark
The Leverage Shares 3x Long Ferrari (RACE) ETP Securities seeks to track the iSTOXX Leveraged 3x RACE Index, which is designed to provide 3x the daily return of Ferrari NV stock, adjusted to reflect the fees and costs of maintaining a leveraged position in the stock. It invests directly in the underlying Ferrari NV stock and uses margin (borrowing) to purchase additional shares of Ferrari NV stock.
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