WisdomTree Short USD Long EUR 3x Daily (USE3.MI)

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The WisdomTree Short USD Long EUR 3x Daily is a fully collateralized, UCITS-compliant Exchange Traded Product (ETP) designed for investors seeking amplified exposure to a decline in the US Dollar relative to the Euro. This ETP endeavors to deliver three times the daily inverse performance of the USD against the EUR, by tracking the MSFXSM Triple Short US Dollar/Euro Total Return Index. The overall return reflects three times the daily movement of specific FX forward contracts structured to short USD and long EUR, plus any interest income, after accounting for product-related fees and costs. To illustrate, a 1% appreciation of the US Dollar against the Euro in a single day would typically result in a 3% decrease in the ETP's value, prior to fees. Conversely, a 1% depreciation of the US Dollar versus the Euro over the same period would lead to a 3% increase in the ETP's value, excluding charges.