Leverage Shares - -5x S&P 500 (SPYS.L)

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These Exchange Traded Products (ETPs) are designed to deliver a daily return equivalent to five times the inverse performance of the S&P 500 Index, after accounting for all associated fees and expenses. This is achieved by following the "-5x Short S&P 500 Investment Strategy," which offers leveraged exposure to five times the opposite daily movement of the S&P 500 Index, identified as the "Reference Asset."