Boost Silver 3x Short Daily ETP (3SIS) rose 18.2% (GBP) in June on the back of silver futures falling 8.5% (GBP) in the same period, making it the third best performing ETP on the LSE….
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Viktor Nossek, Director of Research at WisdomTree Europe
- Boost FTSE 100 3x Short Daily ETP (3UKS) was LSE’s fifth best performing ETP in June. 3UKS rose 19.5% (GBP) on the back of the FTSE 100 falling 6.4% (GBP) in the same period.
- At the end of June Boost reached $383 million in AUM and had a new record in monthly turnover of $1.1 billion in June.
London, 15 July 2015:WisdomTree Europe, an Exchange Traded Fund (“ETF”) and exchange traded product (“ETP”) sponsor, and specialist in short & leverage (“S&L”) ETPs through the Boost ETP product range, is proud to announce that the Boost Silver 3x Short Daily ETP (3SIS) was the third best performing ETP on the London Stock Exchange in September. Boost FTSE 100 3x Short Daily ETP (3UKS) was the fifth best performing ETP.
The following table outlines the performance figures for the said ETPs:
Return (in GBP)
Boost Silver 3x Short Daily ETP
Boost FTSE 100 3x Short Daily ETP
Source: Boost, Bloomberg. Returns represent changes in NAV / official prices where available or exchange closing prices otherwise, between 31/05/2015 and 30/06/2015. Ranking of returns was done based on GBP returns.
The performance statistics demonstrate the value S&L ETPs can bring to investors. 3x S&L ETPs were first introduced by BOOST ETP to the LSE in December 2012. Investors have clearly been responding to the availability of such products and this is evidenced by the increasing AUM and trading volumes in BOOST’s products. S&L ETPs are attractive to investors as they provide up to 3x or -3x the exposure through one simple trade. These levels of exposure allow investors to gain from rising as well as falling markets, thus negating the need for complex documentation or use of derivatives.
Viktor Nossek, Director of Research at WisdomTree Europe commented:
“Amidst lacklustre sentiment in risk assets as the macro backdrop looks more uncertain, precious metals and UK equities failed to revive and corrected sharply lower. In June silver futures fell 8.5% (in GBP) while the FTSE 100 fell 6.4% (in GBP). With the risks of Greece exiting the EMU and China slowing down in the face of aggressive policy stimulus is already priced-in by the market, it is hard to see what more of a downbeat driver precious metals need to revive sentiment that since the US government shutdown in October 2013 has failed live up as a safe haven asset class.”
Globally, investors continue to increase their usage of short & leveraged ETPs. Global S&L ETP assets stood at $63 billion (as at 30 June 2015).
Please Note: The value of an investment in ETPs may go down as well as up and past performance is not a reliable indicator of future performance. See disclaimer for a summary of the risks involved with ETP’s.
Investors are increasingly using S&L ETPs for a variety of reasons. There is wider product availability, greater product knowledge from improved educational resources, and increased demand for hedging tools and leveraged instruments available. There is also a move towards independent, transparent and exchange traded instruments such as ETFs and ETPs. As a result of this increased usage and interest in S&L ETPs, BOOST recently launched a monthly Global Short & Leverage ETF / ETP Report and a Short & Leverage ETF / ETP Advisor Tool Kit.