2STR
WisdomTree STOXX Europe Travel Leisure 2x Daily Short
WisdomTree STOXX Europe Travel & Leisure 2x Daily Short est un produit négociable en bourse (Exchange-Traded Product, ETP) qui réplique l’indice STOXX Europe 600 Travel & Leisure (Gross Return) EUR, offrant leveraged short fois la performance quotidienne de l’indice TBD, ajustée pour refléter les frais ainsi que les coûts et les revenus inhérents à la vente à découvert d'actions. Par exemple, si le TBD augmente de 1 % sur une journée, alors l' ETP va augmenter de 2%, hors frais. Cependant, si l’indice TBD baisse de 1% sur une journée, alors l' ETP va baisser de 2%, hors frais
Potential Risks
- An investment in an ETP involves a degree of risk. Any decision to invest should be based on the information contained in the relevant prospectus. Prospective investors should obtain independent accounting, tax and legal advice and should consult their professional advisers to ascertain the suitability of this ETP as an investment to their own circumstances.
- This ETP is structured as a debt security and not as shares (equity) and can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company. This ETP is not a UCITS product.
- Investing in Short and Leveraged ETPs is only suitable for sophisticated and or informed investors who understand leverage, daily rebalancing and compounded daily returns and are willing to magnify potential losses. Short and Leveraged ETPs are only intended for investors who understand the risks involved in investing in an ETP with short or leveraged exposure and who intend to invest on a short term basis. Any investment in a short or leveraged ETP should be monitored on a daily basis to ensure consistency with your investment strategy. You should understand that investments in daily leveraged ETPs held for a period of longer than the recommended holding period of one day, may not provide returns equivalent to the return from the relevant unleveraged investment multiplied by the relevant leverage factor over the same period. Daily compounding may result in returns which an investor may not expect, if the investor has not fully understood how a daily leveraged ETP works. Potential losses in leveraged ETPs may be magnified in comparison to investments that do not incorporate leverage. In extreme volatility, returns of leveraged ETPs, even over one day, may under-perform the return of the underlying unleveraged index multiplied by the ETP’s leverage factor because of protection mechanisms within the ETP structure, intended to protect against intra-day market crashes. For more information see here.
- Market Risk: The value of securities in this ETP is directly affected by increases and decreases in the value of the Index. Accordingly, the value of a security may go up or down and a security holder may lose some or all of the amount invested but can not lose more than the amount invested.
- Liquidity risk: There can be no certainty that securities can always be bought or sold on a stock exchange or that the market price at which the securities may be traded on a stock exchange will always accurately reflect the performance of the Index.
- Currency Risk: The price of securities in this ETP is generally quoted in EUR. To the extent that a security holder purchases securities in another currency, the value will be affected by changes in the exchange rate.
- Counterparty risk: The Issuer is reliant on there being swap counterparties available to enter into swap agreements on a continuing basis and, if no swap counterparties are willing to do so, the ETP will not be able to achieve its investment policy of tracking the performance of the Index.
- Credit Risk: The Issuer is subject to the risk that third party service providers may fail to return property or collateral belonging to the Issuer or pay money due to the issuer. The ETP is backed by swaps. The payment obligations of the swap counterparties to the Issuer are protected by collateral held which is marked to market daily. The collateral is held in segregated accounts at The Bank of New York Mellon. In the event a swap counterparty defaults, the proceeds from realisation of the collateral may be less than what the investor expects. Details of the collateral held can be found in the Collateral section of the WisdomTree website (www. Wisdomtree. Com).
- Please see the risks factors section of the Prospectus for a more detailed discussion of the potential risks
Overview
Fund Overview | |
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Bloomberg Ticker | 2STR IM |
Devise de base/de transaction | EUR/EUR |
Facteur de levier | -2x |
Indice Bloomberg Ticker | SXTGR |
ISIN | XS2437455608 |
Nom de l'indice | STOXX Europe 600 Travel & Leisure (Gross Return) EUR |
Structure | |
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Actifs physiques | Oui (garantie) |
Structure | ETC |
Domicile | Irlande |
Méthode de duplication | Swap entièrement garanti |
Further Legal and Tax Information | |
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ISA | Eligible |
SIPP | Eligible |
UCITS Eligible | Eligible |
UK Fund Reporting Status | Yes |
Key Service Providers | |
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Émetteurs | WisdomTree Multi Asset Issuer PLC |
Administrateur | Apex IFS Limited |
Dépositaire | Bank of New York Mellon |
Fiduciaire | Law Debenture Trust |
Auditeur | Deloitte LLP |
Fournisseur de Swap | BNP Paribas Arbitrage SNC |
Teneurs de marché | Market Makers |
Participants autorisés | APs |
Fees | |
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Taux des frais de gestion annuels | 0.85% |
Taux swap quotidien | 0.004560% |
Facteur d'ajustement du capital | % |
Listings & Codes
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Performance
Product | |
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Month-To-Date (mtd) | -9.34% |
Year-To-Date (ytd) | -5.67% |
1 Year | -1.58% |
2 Year | -58.66% |
Index Details
STOXX Europe 600 Travel & Leisure (Gross Return) EUR Index
The Index is designed to measure performance of the largest European companies from the STOXX Travel & Leisure supersector as defined by the Industry Classification Benchmark.
The Index is derived from the STOXX Europe 600, which is comprised of 600 of the largest European stocks by free float market capitalisation.
Index Details | |
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Index Name | STOXX Europe 600 Travel & Leisure (Gross Return) EUR Index |
Currency | EUR |
Index Provider | STOXX |
Bloomberg Ticker | SXTGR |
Leverage Factor | N/A |
Documents and Links |
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Collateral Details
Collateral Details | 16 juil. 2024 |
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Ratio de couverture des garanties | 95.2% |
Garanti | Oui |
Sur garanti | Oui |
Custodian | Bank of New York Mellon |
Collateral Structure
Documents
Historical Data
WisdomTree Multi Asset Issuer PLC (the “Issuer”) issues products under a Prospectus (“WTMA Prospectus”) approved by the Central Bank of Ireland, drawn up in accordance with the Directive 2003/71/EC. The WTMA Prospectus has been passported to various European jurisdictions including the UK, Italy and Germany and is available on this document.
WisdomTree Multi Asset Issuer PLC Exchange Traded Products (“ETPs”) are suitable for financially sophisticated investors who wish to take a short-term view on the underlying indices and can understand the risks of investing in products offering daily leveraged or daily short exposures.
ETPs offering daily leveraged or daily short exposures (“Leveraged ETPs”) are products which feature specific risks that prospective investors should understand before investing in them. Higher volatility of the underlying indices and holding periods longer than a day may have an adverse impact on the performance of Leveraged ETPs. As such, Leveraged ETPs are intended for financially sophisticated investors who wish to take a short-term view on the underlying indices and understand such risks. As a consequence, WisdomTree is not promoting or marketing WisdomTree Multi Asset Issuer PLC ETPs to retail clients. Investors should refer to the section entitled "Risk Factors" and “Economic Overview of the ETP Securities” in the WTMA Prospectus for further details of these and other risks associated with an investment in Leveraged ETPs and consult their financial advisors as needed. Neither WisdomTree, nor the Issuer has assessed the suitability of any Leveraged ETPs for investors other than the relevant Authorised Participants.
The STOXX Europe 600 Travel & Leisure (Gross Return) EUR Index (the “Index”) is the intellectual property (including registered trademarks) of STOXX Ltd., Qontigo Index GmbH, or their licensors, and is used under a license. WisdomTree STOXX Europe Travel & Leisure 2x Daily Short ETP is neither sponsored nor promoted, distributed or in any other manner supported by STOXX Ltd., Qontigo Index GmbH or their licensors, research partners or data providers and STOXX Ltd., Qontigo Index GmbH and their licensors, research partners or data providers do not give any warranty, and exclude any liability (whether in negligence or otherwise) with respect thereto generally or specifically in relation to any errors, omissions or interruptions in the Index or its data.