Overview
Description
The SG ETC Short 3x Brent Oil Fund is a type of investment product known as an exchange-traded commodity (ETC). Its primary function is to provide investors with inverse exposure to Brent crude oil prices, leveraged at three times the rate. This means that for every percentage point that crude oil prices decline, the fund aims to deliver three times that percentage increase in its value. This instrument is designed for sophisticated investors seeking to profit from declines in Brent crude oil prices over a short time frame, such as active traders or professional investors. The fund operates within the energy sector, specifically focusing on crude oil, and allows investors to hedge existing positions or to speculate on price movements without directly engaging in the futures or options markets. Such funds are significant for their role in providing flexibility and leverage in energy market exposure.
About
Address
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Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL