ETFS 2x Daily Long Soybean Oil ETC (LSYO.L)
ETF Summary
ETFS 2x Daily Long Soybean Oil (LSYO) is designed to enable investors to gain a 'leveraged' exposure to a total return investment in soybean oil futures contracts by tracking the Bloomberg Soybean Oil Subindex (the "Index") and providing a collateral yield. A daily leveraged exposure means that the product is designed to reflect 200% of the daily percentage change in the Index level. For example, if the Index was to decrease in value by 5% on a particular day, the product is designed to decrease in value by 10% on that day (minus fees and expenses). LSYO is an exchange traded commodity ("ETC"). It is not a UCITS product. Securities in this ETC are structured as debt securities 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. The ETC is backed by swaps.
ETF Overview
Category | -- |
Fund Family | WisdomTree Commodity Securities Limited |
Net Assets | 837.29k |
YTD Daily Total Return | -1.76% |
Yield | 0.00% |
Legal Type | Exchange Traded Fund |
ETF Operations
Attributes | LSYO.L | Category Average |
---|---|---|
Annual Report Expense Ratio (net) | 1.03% | -- |
Holdings Turnover | 0.00% | -- |
Total Net Assets | 0.00 | 0.00 |
Morningstar Style Box
Morningstar Style Box Information Not Available