WisdomTree cross-lists 18 inverse & leveraged Boost ETPs on LSE

Mar 16th, 2017 | By | Category: Alternatives / Multi-Asset

WisdomTree has cross-listed a wide range of inverse and leveraged ETPs covering a broad mix of equity, fixed income and commodity benchmarks on the London Stock Exchange. The new listings, all denominated in British pounds, expands the toolkit of tactical solutions available to sterling-based investors.

WisdomTree cross-lists 18 inverse & leveraged Boost ETPs on LSE

Morgan Lee, Head of European Distribution at WisdomTree.

The new listings cover exposure to Eurozone equities with 3x leveraged and 3x inverse on the broad market blue-chip Euro STOXX 50, the Italian FTSE MIB, and sector exposure on the Euro STOXX Banks Index. Unleveraged exposure to Italian banks is also covered by the Boost FTSE MIB Banks ETP, at a time when the Italian financial sector is undergoing historical changes that investors across Europe will probably have high on their agendas.

US equities, which remain the largest part of global equity benchmarks, can now be accessed tactically through sterling trading lines on 3x leveraged and 3x inverse S&P 500 ETPs and Nasdaq 100 ETPs.

Fixed income coverage is provided with the listing of 3x long and 3x inverse ETPs providing exposure to 10-year German Bunds and 10-year Italian government bonds (BTPs) and 3x long ETPs on a 10-year US Treasuries exposure.

In the commodity space, the existing energy complex is complemented with the addition of 3x leveraged and 3x short ETPs on Natural Gas.

In 2016, Boost ETPs, as a whole, had on-exchange traded turnover of close to $18bn across all European listings, an increase of over 60% compared to 2015. According to WisdomTree, the existing listings of these 18 ETPs accounted for approximately 35% of this trading activity.

“WisdomTree is delighted to enhance the already successful Boost product range with these listings on the London Stock Exchange” said Morgan Lee, Head of European Distribution at WisdomTree. “These products have had proven traction with our European clients and we believe that they can be complimentary portfolio solutions for managing risk in an increasingly volatile macro environment.”

“Over the past year, tactical positioning and hedging has represented the prime use of Boost ETPs”, added Jose Poncela, Head of ETNs at Wisdomtree. “These new listings in sterling will allow UK investors to focus on managing the significant upcoming volatility that we expect from Eurozone elections, Brexit and the euro. Managing US equity market exposure remains a key area for investors given the high weight in global benchmarks.”

The newly-listed funds, along with their base currencies, are listed below.

Boost EURO STOXX Banks 3x Leverage Daily ETP – EUR
Boost EURO STOXX Banks 3x Short Daily ETP – EUR
Boost EURO STOXX 50 3x Leverage Daily ETP – EUR
Boost EURO STOXX 50 3x Short Daily ETP – EUR
Boost FTSE MIB 3x Short Daily ETP – EUR
Boost FTSE MIB 3x Leverage Daily ETP – EUR
Boost FTSE MIB Banks ETP – EUR
Boost S&P 500 3x Leverage Daily ETP – USD
Boost S&P 500 3x Short Daily ETP – USD
Boost NASDAQ 100 3x Leverage Daily ETP – USD
Boost NASDAQ 100 3x Short Daily ETP – USD
Boost Natural Gas 3x Leverage Daily ETP – USD
Boost Natural Gas 3x Short Daily ETP – USD
Boost BTP 10Y 3x Leverage Daily ETP – EUR
Boost BTP 10Y 3x Short Daily ETP – EUR
Boost Bund 10Y 3x Leverage Daily ETP – EUR
Boost Bund 10Y 3x Short Daily ETP – EUR
Boost US Treasuries 10Y 3x Leverage Daily ETP – USD

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