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About WISDOMTREE FOREIGN EXCHANGE LTD 3X SHORT EUR LONG GBP
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Inception date
Nov 8, 2010
Structure
Secured Note
Replication method
Synthetic
Primary advisor
WisdomTree Management Jersey Ltd.
ISIN
JE00B3W0MY68
WisdomTree Short EUR Long GBP 3x Daily is designed to provide investors with a 'leveraged short' exposure to Euro (EUR) relative to Pounds Sterling (GBP) by tracking the MSFX Triple Short Euro/GBP Index (TR) (the Index), which aims to reflect three times the performance of a position in forward contracts which are rolled on a daily basis.
Classification
Short-time trade SUP5Jump in on pullback and ride up, but i don't expect big move up, because brexit is terrible idea :)
Leveraged Decay: how to calculate itBrexit and currency hedging has thrown up the need for products such as SUP3 however there is danger in holding such leveraged products as SUP3 (3X Long GBP Short EUR). As path dependency of the currency picks up in volatility the arithmetic mean drifts below the geometrical mean.
This is most easi
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Displays a symbol's price movements over previous years to identify recurring trends.