Overview
Description
WT WTI Crude 3x Daily Leveraged Mutual Fund is a sophisticated financial instrument designed to provide investors with three times the daily return of West Texas Intermediate (WTI) crude oil. As a leveraged mutual fund, its primary purpose is to offer amplified exposure to the daily price movements of WTI crude oil, catering to investors with a short-term strategy seeking higher returns compared to standard investments in the commodity. This fund utilizes financial derivatives to achieve its leveraged objectives, making it suitable primarily for experienced investors aware of the risks of leverage, including the potential for significant losses. The fund plays a significant role in the energy sector, attracting attention from those looking to speculate on short-term oil price fluctuations. It provides a unique opportunity within the financial markets for those aiming to capitalize aggressively on the volatility and dynamics of the oil industry.
About
Address
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Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL