WisdomTree Silver 3x Daily Leveraged

WisdomTree Silver 3x Daily Leveraged is a fully collateralised Exchange Traded Commodity (ETC) that provides investors with three times the daily performance of the Solactive Silver Commodity Futures SL Index. This index tracks the excess return of front-month COMEX Silver futures contracts, incorporating monthly rolls from expiring contracts into the next front-month while adding total return from collateral interest. Issued by WisdomTree Multi Asset Issuer PLC and domiciled in Ireland, the ETC uses a fully collateralised swap replication method, with collateral held at The Bank of New York Mellon and over-collateralised for security. Key features include an annual management fee of 0.99%, daily rebalancing, and intraday restrike thresholds at 20% for adverse price movements. Traded in USD, it offers liquidity through authorised participants and market makers, eliminating needs for physical silver storage or delivery. Designed for sophisticated investors understanding leverage risks, daily compounding, and short-term holding, it magnifies both potential gains and losses tied to silver futures volatility, playing a niche role in commodities derivatives markets for tactical exposure.