WisdomTree Short CHF Long EUR 3x Daily (CHE3.MI)

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The WisdomTree Short CHF Long EUR 3x Daily is a fully collateralised Exchange Traded Product (ETP) that meets UCITS standards, designed to give investors a magnified short position against the Swiss Franc (CHF) relative to the Euro (EUR). This ETP mirrors the performance of the MSFXSM Triple Short Swiss Franc/Euro Total Return Index (MSCEEHUS). Its total return is structured to deliver three times the daily performance of foreign exchange (FX) forward contracts that are short CHF versus EUR, supplemented by interest revenue and adjusted for the product's associated fees and costs. For instance, if the CHF strengthens by 1% against the EUR in a day, the ETP's value will decline by 3%, prior to fees. Conversely, a 1% weakening of the CHF against the EUR over the same period would result in a 3% increase in the ETP's value, before fees.