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5.58050 EUR
1.092
16.37%
Last update Oct 30, 5:30 PM CET
Market closed
Day range
5.58050
6.49550
Previous close
6.67250
Open
6.49550
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LS 3x Long Microsoft (MSTR) ETP Fund
5.58
1.09
16.37%

Overview

Description

LS 3x Long Microsoft (MSTR) ETP Fund is an exchange-traded product designed to deliver three times the daily performance of Microsoft Corporation's stock. It caters to high-risk tolerance investors who seek amplified exposure to Microsoft's market movements without directly owning the stock. This leveraged product allows investors to capitalize on significant short-term gains when the underlying asset performs well, by multiplying its daily return by a factor of three. However, it also entails considerable risks, such as amplified losses if Microsoft's stock declines. Primarily utilized by sophisticated investors, this ETP is not suitable for long-term holding due to daily reset mechanisms that can lead to value erosion over time. Operating within the technology sector, Microsoft's pivotal role in computing and software solutions influences this fund's performance. The LS 3x Long Microsoft ETP plays a niche role in the financial markets, offering a tool for tactical positioning and strategies requiring magnified exposure to Microsoft's robust business ecosystem.

About

CEO
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Instrument type
Common stock
Sector
Industry
Country
Germany
MIC code
XETR
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