WisdomTree BTP 10Y 3x Daily Short (3BTS.MI)

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The WisdomTree BTP 10Y 3x Daily Short is an Exchange Traded Product (ETP), compliant with UCITS regulations and fully backed by collateral. It aims to provide investors with amplified negative exposure to BTPs futures contracts. The ETP's total return is structured to inversely track, at three times leverage, the daily performance of the Long Term BTP Rolling Future Index (BNSXFIKE). This return also includes interest income, after accounting for all associated product fees and expenses. For illustration, a 1% daily rise in the Long Term BTP Rolling Future Index would typically result in a 3% fall for the ETP, excluding charges. Conversely, if the index were to drop by 1% in a day, the ETP would generally see a 3% gain, prior to fee consideration.