WisdomTree Short GBP Long EUR 5x Daily (GBE5.MI)

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This WisdomTree Exchange Traded Product (ETP) provides investors with an amplified, inverse exposure to the British Pound (GBP) relative to the Euro (EUR), delivering five times the daily opposite price movement. It is fully collateralised and compliant with UCITS standards. The ETP's performance mirrors the MSFXSM 5X Short British Pound/Euro Total Return Index (MSCEEGXS). Its total return comprises five times the daily performance of FX forward contracts that are short GBP against EUR, augmented by interest revenue, all adjusted for the product's embedded fees and costs. For instance, if the British Pound strengthens by 1% against the Euro over a day, the ETP would experience a 5% decline in value, excluding fees. Conversely, should the British Pound weaken by 1% relative to the Euro during the same period, the ETP would increase by 5%, before fees.