WisdomTree NASDAQ 100 3x Daily Leveraged

WisdomTree NASDAQ 100 3x Daily Leveraged is a fully collateralised, UCITS-eligible Exchange Traded Product (ETP) structured as a debt security. It provides three times the daily performance of the NASDAQ-100 Notional Net Total Return Index, achieved through daily rebalancing and fully collateralised swaps backed by physical assets. Domiciled in Ireland with an ISIN of IE00BLRPRL42, this ETP tracks the NASDAQ-100® 3x Leveraged Notional Net Return Index, which replicates triple the daily leveraged returns of the NASDAQ-100 Index, adjusted for inherent costs of maintaining long positions. Key features include a total expense ratio of 0.75% p.a., accumulating distribution policy where dividends are reinvested, and eligibility for ISA and SIPP wrappers. It offers liquidity through exchange trading with authorised participants and market makers, though it carries risks such as magnified losses from leverage, daily compounding effects, volatility decay over periods longer than one day, currency exposure in USD, and potential restrikes during extreme market gaps exceeding 16.66% intraday or 25% overnight. Designed for sophisticated investors understanding short-term leveraged strategies, it cannot lose more than the invested amount due to risk management mechanisms.