Overview
Description
The WT WTI Crude 2X Daily Leveraged Fund is an exchange-traded product designed to replicate twice the daily performance of the West Texas Intermediate (WTI) crude oil market. This fund operates as a leveraged product, aiming to amplify potential daily returns for investors with a pronounced exposure to crude oil price movements. It serves as a tactical tool for traders seeking to capitalize on short-term price fluctuations in the oil market, given its orientation towards providing double the daily return exposure. Holding such a fund is typically suited for short-term strategy execution due to the daily resetting nature of leverage, which might introduce compounding effects over a more extended period. This fund plays a significant role in the commodities market, particularly for those interested in energy sector investments or for hedgers facing fuel price risks. By utilizing futures contracts and financial derivatives, the fund facilitates enhanced oil market participation, offering high liquidity and a framework for dynamic asset management within the energy commodities domain.
About
Address
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Phone
+44 20 7355 9810
Website
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Instrument type
ETF
Country
United Kingdom
MIC code
XLON