WisdomTree CAC 40 3x Daily Short (3CAS.PA)

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The WisdomTree CAC 40 3x Daily Short is a fully collateralized Exchange Traded Product (ETP) that meets UCITS eligibility criteria. It is designed to provide investors with a magnified, inverse exposure to the CAC 40 index. This ETP aims to replicate the CAC 40 X3 Short GR Index (CAC3S), delivering a daily total return that is three times the opposite of the CAC 40 Gross Return Index's performance. This return is also adjusted for relevant fees, as well as the inherent expenses and income associated with shorting underlying securities. For instance, if the CAC 40 Gross Return Index advances by 1% in a day, the ETP's value will decline by 3%, excluding fees. Conversely, should the CAC 40 Gross Return Index fall by 1% on a given day, the ETP's value will rise by 3%, before fees.