Overview
Description
The WT CAC 40 3x Daily Leveraged Fund is an exchange-traded product designed to deliver three times the daily performance of the CAC 40 Index, before taxes and fees. This fund provides investors with leveraged exposure to one of Europe’s key stock market indices, which comprises the 40 largest and most liquid stocks listed on the Euronext Paris exchange. The primary purpose of this fund is to enable investors to achieve magnified returns over a short-term investment horizon, making it suitable for tactical trading strategies rather than long-term holding.
The CAC 40 Index, which the fund tracks at triple leverage, represents a diverse array of sectors including financials, consumer goods, energy, and industrials, reflecting the economic breadth of the French market. The fund plays a significant role for traders keen on capitalizing on bullish market movements in France, providing them with amplified exposure while demanding active management of their position due to the inherent risks of leverage. This dynamic instrument underscores the importance of understanding both the opportunities for enhanced returns and the heightened risk of loss associated with leveraged products in the financial markets.
About
Instrument type
Common stock
Sector
Industry
Country
France
MIC code
XPAR