Leverage Shares - 2x WTI Oil (WTI2.L)

Qué hace este fondo

The Leverage Shares 2x Long WTI Oil ETP is a financial product structured to pursue a particular investment approach. Its central aim is to mirror the "2x Long WTI Oil Investment Strategy," striving to generate double the daily percentage movement of the United States Oil Fund LP (USO) stock. This performance figure is always calculated net of the various charges and costs involved in managing such a geared position. To achieve this, the ETP directly purchases units of the United States Oil Fund LP and also employs margin borrowing to acquire additional shares of the same underlying fund. The entity overseeing this ETP has its main operational base in Dublin, Ireland.