PCFP
- WisdomTree Gold 3x Daily LeveragedKey Information
Earliest date | 2025-06-23 |
Exchange | XDUS |
Instrument Type | Common Stock |
MIC Code | XDUS |
Country | Germany |
About PCFP
WisdomTree Gold 3x Daily Leveraged is an exchange-traded commodity (ETC) designed to provide investors with triple-leveraged exposure to the daily performance of gold futures contracts. Utilizing a synthetic, swap-based replication strategy, this ETC amplifies the movement of the underlying gold futures index by a factor of three on a daily basis, offering a high-risk, high-volatility profile tailored for sophisticated market participants. The product is accumulating, meaning any returns are reinvested rather than distributed as income. With a total expense ratio of 0.99% per annum and assets under management of approximately EUR 111 million, it serves as a tool for investors seeking tactical exposure to short-term gold price movements. Launched in December 2012 and domiciled in Ireland, WisdomTree Gold 3x Daily Leveraged reflects shifts in precious metals markets and can be used to intensify or hedge gold positions within a diversified portfolio. It is not UCITS-compliant and remains unhedged for currency risk, emphasizing its specialized role for trading and short-term strategies in commodity markets.