EUS5
WisdomTree Long USD Short EUR 5x Daily
WisdomTree Long USD Short EUR 5x Daily est un produit négociable en bourse (Exchange-Traded Product, ETP) conçu pour offrir aux investisseurs une exposition a effet de levier sur à l' USD par rapport à l' EUR. L’ ETP réplique l'indice MSFXSM 5X Long US Dollar/Euro Total Return (MSCEEUXL) qui a pour objectif de refléter 5 x la performance d’une position dans des contrats de change à terme reconduits quotidiennement. Par exemple, si l' USD s’apprécie de 1% par rapport à l' EUR sur une journée, l' ETP baisser de 5%, hors frais. Cependant, si l' USD se déprécie de 1% par rapport à l' EUR sur une journée, l' ETP va augmenter de 5%, 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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Devise de base | EUR |
Devises couvertes | Non - ce produit n'est pas protégé contre les fluctuations monétaires défavorables. |
Facteur de levier | 5x |
ISIN | JE00BMM1XC77 |
Livraison physique | Non |
Risque sous-jacent | USD/EUR |
Structure | |
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Domicile | Jersey |
Méthode de duplication | Synthétique - swap non financé adossé à une garantie |
Forme juridique | Titre de créance |
Structure juridique | ETP |
Further Legal and Tax Information | |
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ISA | Eligible |
Securities regulator | Central Bank of Ireland (CBI) |
Securities regulator | Financial Conduct Authority (FCA UK) |
UCITS Eligible | Eligible |
Key Service Providers | |
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Fiduciaire | The Law Debenture Trust Corporation p.l.c. |
Émetteur | WisdomTree Foreign Exchange Limited |
Registraire | Computershare Investor Services (Jersey) Ltd |
Gestionnaire de garanties | La Banque de New York Mellon |
Contrepartie | Morgan Stanley & Co. International plc |
Fees | |
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Taux swap quotidien | 0.002466% |
Droits d'entrée et de sortie | Aucun lorsqu'il est négocié en bourse |
Facteur d'ajustement du capital | % |
Listings & Codes
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Performance
Benchmark | |
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Month-To-Date (mtd) | -7.19% |
Year-To-Date (ytd) | 12.37% |
1 Year | 23.00% |
2 Year | -16.89% |
3 Year | 65.03% |
4 Year | 38.22% |
5 Year | 28.95% |
Product | |
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Month-To-Date (mtd) | -7.29% |
Year-To-Date (ytd) | 11.21% |
1 Year | 20.71% |
2 Year | -19.96% |
3 Year | 55.98% |
4 Year | 28.19% |
5 Year | 17.37% |
Index
MSFXSM 5X Long US Dollar/Euro Index (TR)
The Index provides a 5x leveraged 'long' exposure to: (i) USD relative to EUR. For example, if USD were to rise in value relative to EUR, the Index (tracked by the ETC) would rise in value by five times the same amount.
Conversely if USD were to decrease in value relative to EUR, the Index would decrease in value by five times the same amount; and (ii) an interest rate differential reflecting the difference between the USD and the EUR exchange rates.
The Index is a total return index, which means that it also provides a collateral yield.
Index Details | |
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Index Name | MSFXSM 5X Long US Dollar/Euro Index (TR) |
Index Provider | MSFX |
Currency | EUR |
Bloomberg Ticker | MSCEEUXL |
Index Website |
Security | 19 juil. 2024 |
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1. MSFXSM 5X Long US Dollar/Euro Index (TR) | 100.00% |
Collateral Details
Country (weighting) | 19 juil. 2024 |
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1. UNITED STATES | 100.00% |
2. AUSTRIA | 0.00% |
Currency (weighting) | 19 juil. 2024 |
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1. US Dollar | 100.00% |
2. Euro | 0.00% |
Documents and Links |
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Documents
Regulatory
- WisdomTree Foreign Exchange Ltd - Annual Account 2020
- WisdomTree Foreign Exchange Ltd - Annual Account 2019
- ETFS Foreign Exchange Ltd - Annual Account 2018
- ETFS Foreign Exchange Ltd - Annual Account 2017
- ETFS Foreign Exchange Ltd - Annual Account 2016
- ETFS Foreign Exchange Ltd - Annual Account 2015
- ETFS Foreign Exchange Ltd - Annual Account 2014
- ETFS Foreign Exchange Ltd - Annual Account 2013
- ETFS Foreign Exchange Ltd - Annual Account 2012
- ETFS Foreign Exchange Ltd - Annual Account 2011
- ETFS Foreign Exchange Ltd - Annual Account 2010
- ETFS Foreign Exchange Ltd - Annual Account 2009
- WisdomTree Foreign Exchange Ltd - Interim Account 2020
- ETFS Foreign Exchange Ltd - Interim Account 2019
- ETFS Foreign Exchange Ltd - Interim Account 2018
- ETFS Foreign Exchange Ltd - Interim Account 2017
- ETFS Foreign Exchange Ltd - Interim Account 2016
- ETFS Foreign Exchange Ltd - Interim Account 2015
- ETFS Foreign Exchange Ltd - Interim Account 2014
- ETFS Foreign Exchange Ltd - Interim Account 2013
- ETFS Foreign Exchange Ltd - Interim Account 2012
- ETFS Foreign Exchange Ltd - Interim Account 2011
- ETFS Foreign Exchange Ltd - Interim Account 2010
- FXL - Delistings from Deutsche Borse and Relisting - DE
- UK Reporting Fund Approval Letter - ETFS Foreign Exchange Ltd
- UK Reporting Fund Approval Letter - ETFS Foreign Exchange Ltd - USD
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2009
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2010
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2011
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2012
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2013
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2014
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2015
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2016
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2017
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2018
- UK Reporting Fund Shareholder Letter - WisdomTree Foreign Exchange Ltd 2019
- UK Reporting Fund Shareholder Letter - WisdomTree Foreign Exchange Ltd 2020
- Final Terms - ETFS 5x Long USD Short EUR
- EPT - UK
Historical Data
Securities issued by the Issuer are direct, limited recourse obligations of the Issuer alone and are not obligations of or guaranteed by any of Morgan Stanley & Co International plc, Morgan Stanley & Co. Incorporated, any of their affiliates or anyone else or any of their affiliates. Each of Morgan Stanley & Co International plc and Morgan Stanley & Co. Incorporated disclaims all and any liability whether arising in tort, contract or otherwise (save as referred to above) which it might have in respect of this document or its contents otherwise arising in connection herewith.
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