WisdomTree FTSE MIB 3x Daily Leveraged (3ITL.MI)

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The WisdomTree FTSE MIB 3x Daily Leveraged is a fully collateralized, UCITS-compliant Exchange Traded Product (ETP) engineered to offer investors magnified exposure to the FTSE MIB. This ETP aims to replicate the FTSE MIB Super Leveraged RT Net-of-Tax Lux TR Index (FMIBL3X), providing a total return equivalent to three times the daily movement of the FTSE MIB Net Total Return Index. This performance is also adjusted to account for the various fees and costs associated with maintaining a leveraged equity position. For instance, if the FTSE MIB Net Total Return Index increases by 1% over a single day, the ETP is expected to gain 3%, prior to fees. Conversely, a 1% decline in the underlying index on the same day would result in a 3% loss for the ETP, also before accounting for fees.