Key stats
About WISDOMTREE FOREIGN EXCHANGE LTD 3X SHORT EUR LONG GBP
Expense ratio
0.98%
Home page
Inception date
Nov 8, 2010
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.
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
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.