WisdomTree Long EUR Short USD (LEUR.L)

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This WisdomTree Exchange Traded Product (ETP), which is fully collateralised and UCITS-compliant, is designed to provide investors with direct exposure to the Euro's performance relative to the US Dollar. The ETP aims to replicate the MSFXSM Long Euro Total Return Index (MSCEEURL), generating its total return from the daily movements of long Euro/short US Dollar foreign exchange forward contracts, augmented by interest income, and adjusted for all associated fees and expenses. For instance, a 1% daily appreciation of the Euro against the US Dollar would result in approximately a 1% gain for the ETP (before fees), while a 1% decline would lead to a comparable 1% loss (before fees).