ETFS 2x Daily Long Gasoline ETC (LGAS.MI)
- Previous Close
3.0265 - Open
2.8155 - Bid 3.0205 x --
- Ask 3.0410 x --
- Day's Range
2.8100 - 2.9690 - 52 Week Range
2.8100 - 3.0265 - Volume
10,778 - Avg. Volume
0 - Net Assets 251.69k
- NAV 3.00
- PE Ratio (TTM) --
- Yield 0.00%
- YTD Daily Total Return 55.60%
- Beta (5Y Monthly) 0.00
- Expense Ratio (net) 1.03%
ETFS 2x Daily Long Gasoline (LGAS) is designed to enable investors to gain a 'leveraged' exposure to a total return investment in gasoline futures contracts by tracking the Bloomberg Unleaded Gasoline 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). LGAS 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.
WisdomTree Commodity Securities Limited
Fund Family
--
Fund Category
251.69k
Net Assets
2008-03-11
Inception Date
Performance Overview: LGAS.MI
View MoreTrailing returns as of 9/26/2019.