WisdomTree FTSE MIB 3x Daily Short (3ITS.MI)

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The WisdomTree FTSE MIB 3x Daily Short is a UCITS-eligible and fully collateralized Exchange Traded Product (ETP) offering investors amplified inverse exposure to the FTSE MIB index. This ETP systematically tracks the FTSE MIB Ultra Short Strategy RT GR Index (FMIBI3X), delivering a total return designed to be three times the inverse of the daily performance of the FTSE MIB Total Return Index. This return is also adjusted to account for applicable management fees, alongside the various costs and revenues inherent in short-selling the underlying securities. For example, should the FTSE MIB Total Return Index climb by 1% in a single trading day, the ETP is expected to fall by 3%, disregarding fees. Conversely, a 1% drop in the index over the same period would lead to a 3% gain for the ETP, prior to fees.