WisdomTree Long EUR Short GBP 3x Daily (EUP3.L)

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The WisdomTree Long EUR Short GBP 3x Daily is a fully collateralised, UCITS-compliant Exchange Traded Product (ETP) designed to offer investors amplified exposure to the Euro's performance against the British Pound. This ETP achieves its objective by tracking the MSFXSM Triple Long Euro/GBP Total Return Index (MSCEGEUL). Its total return is derived from three times the daily movement of foreign exchange forward contracts that establish a long position in EUR and a short position in GBP, along with any accrued interest revenue, all adjusted to account for the product's fees and operational costs. For illustration, a 1% daily appreciation of the Euro relative to the Pound would typically result in a 3% increase in the ETP's value, prior to fees. Conversely, a 1% daily depreciation of the Euro versus the Pound would lead to a 3% decline in the ETP's value, before fees.