Overview
Description
Leverage Shares 2x Gold Miners ETP is an exchange-traded product designed to provide double the daily returns of the Solactive Gold Miners index, before fees and expenses, through leveraged exposure. This ETP specifically targets the gold mining sector, offering amplified exposure to major gold mining companies globally. It allows investors to capitalize on short-term price movements in the gold mining industry by employing leverage, making it particularly appealing for sophisticated investors looking to trade potential volatility in the market. The product's underlying index includes prominent gold mining firms engaged in various stages of exploration, mining, and production of gold. By using financial derivatives, the Leverage Shares 2x Gold Miners ETP enables traders to potentially enhance returns, albeit with increased risk, highlighting the importance of understanding the intricacies of leveraged trading. As a specialty tool in the financial markets, this ETP plays a significant role in portfolios seeking to leverage shifts in the gold sector, providing an option for tactical exposure to the movements of the global gold mining industry.
About
Instrument type
ETF
Country
Netherlands
MIC code
XAMS