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206 EUR
29.3634
16.62%
Last update Jun 12, 5:30 PM CEST
Market closed
Day range
194.38170
206
Previous close
176.63660
Open
194.38181
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Leverage Shares 3x Alphabet ETP
206.00
29.36
16.62%

Overview

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Description

Leverage Shares 3x Alphabet ETP is an exchange-traded note (ETN) designed to deliver three times the daily performance of Alphabet Inc.'s shares, tracking the iSTOXX Leveraged 3x GOOG index. This leveraged product aims to provide amplified exposure to the technology giant's stock price movements on a daily basis, using synthetic replication through swaps. It accumulates dividends by reinvesting them into the ETN, enhancing compounding effects over time. Focused on the equity sector, specifically United States technology stocks, it offers investors a concentrated way to participate in Alphabet's market performance with heightened sensitivity to daily changes. The ETN is denominated in USD and unhedged against currency risk, making it suitable for those seeking leveraged single-stock strategies. Issued by Leverage Shares PLC and domiciled in Ireland since its launch in 2020, it serves professional investors interested in tactical, high-volatility positions within the financial markets.

About

Address
Phone
Website
Instrument type
ETF
Country
Netherlands
MIC code
XAMS
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