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3OIL

WTI Oil 3x Leverage Daily ETP

PRODUCT DESCRIPTION

 

Boost WTI Oil 3x Leverage Daily ETP is a fully collateralised, UCITS eligible ETC. The ETC provides a total return comprised of three times the daily performance of the NASDAQ Commodity Crude Oil ER index and the interest revenue earned on the collateralised amount.

For example, if the index rises by 1%, then the ETC will rise by 3%, excluding fees. However, if the index falls by 1%, then the ETC will fall by 3%, excluding fees.

ETP RISK WARNING

The Boost Issuer Plc exchange traded products (ETPs) are only intended for investors who understand the associated risks. The short and/or leveraged products involve numerous risks including general market risks relating to the relevant underlying index, credit risks on the provider of index swaps utilised in the ETPs, exchange rate and interest risks, and for our Delta One products, swap counterparty risk. You should consult an investment adviser who can help determine whether or not the products are suitable for you.

 

The price of any Shares or the value of an investment in ETPs may go up or down and an investor may not get back the amount invested. Past performance is not a reliable indicator of future performance. This material is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any financial instrument or product or to adopt any investment strategy.

KEY INFORMATION

  • Price (NAV) (18 Sep 2017) $0.67
  • Base/Trading Currency USD/USD
  • Daily Change (18 Sep 2017) -0.54%
  • Leverage Factor 3x
  • ISIN IE00B7ZQC614
  • Bloomberg Ticker 3OIL LN
  • Index Name NASDAQ Commodity Crude Oil ER Index
  • Index Bloomberg Ticker NQCICLER
Net Asset Value As of 18 Sep 2017
NAV $0.67
Daily Change N/A
Daily Return -0.54%
Total AUM of fund $198,012,560.56
Structure
Physical Assets Yes (Collateral)
Structure ETC
Domicile Ireland
Replication Method Fully Collaterised Swap
Key Service Providers
Issuers Boost Issuer PLC
Administrator Capita IFS
Custodian Bank of New York Mellon
Trustee Law Debenture Trust
Auditor Ernst & Young
Swap Provider BNP Paribas Arbitrage SNC
Market Makers Market Makers
Authorised Participants APs
Fees
Annual Management Fee Rate 0.99%
Daily Swap Rate 0.00458%

Listings & Codes

London Stock Exchange
Base Currency USD
Trading Currency GBP
Exchange Ticker 3LOI
ISIN IE00B7ZQC614
SEDOL B9CMSS0
Bloomberg Ticker 3LOI LN
Settlement Period T+2
RIC 3LOI.L
Listing Date 13 Mar 2013
London Stock Exchange
Base Currency USD
Trading Currency USD
Exchange Ticker 3OIL
ISIN IE00B7ZQC614
SEDOL B7ZQC61
Bloomberg Ticker 3OIL LN
Settlement Period T+2
RIC 3OIL.L
Listing Date 20 Dec 2012
Xetra
Base Currency USD
Trading Currency EUR
Exchange Ticker O1LL
ISIN DE000A133ZT6
SEDOL BSJCN70
Bloomberg Ticker O1LL GY
Settlement Period T+2
RIC O1LL.DE
Listing Date 13 Nov 2014
Borsa Italiana
Base Currency USD
Trading Currency EUR
Exchange Ticker 3OIL
ISIN IE00B7ZQC614
SEDOL BD3CT28
Bloomberg Ticker 3OIL IM
Settlement Period T+2
RIC 3OIL.MI
Listing Date 12 Dec 2013
Index Details

NASDAQ COMMODITY CRUDE OIL ER INDEX

The NASDAQ Commodity Crude Oil ER Index is designed to reflect an investment in front-month NYMEX Crude Oil commodity futures contracts, rolling monthly out of the expiring front-month contract and into the next front-month contract. The index measures excess return performance based on the futures price performance and the roll return. However, the ETC provides a total return performance which also includes the interest revenue on the collateralised amount.

 

Index Details

Index ID Card
Index Name NASDAQ Commodity Crude Oil ER Index
Currency USD
Index Provider NASDAQ
Bloomberg Ticker NQCICLER
Leverage Factor N/A
Reuters Instrument Code .NQCICLER
Leverage Method No Leverage

Boost Collateral Details

Details 18 Sep 2017
Collateral Coverage Ratio 105.3%
Over Collateralised Yes
Custodian Bank of New York Mellon

Boost is an independent boutique Exchange Traded Product (“ETP”) provider and as such it is independent from any investment bank, swap provider, trustee or custodian. Boost ETPs have a robust and transparent collateral structure, which Boost believes offers investors a best of breed counterparty risk model, where investors’ interests are aligned with Boost's.

Boost Collateral Structure

DISCLAiMERS

 

NASDAQ OMX trademarks referenced herein are trademarks of NASDAQ OMX and have been licensed for use by Boost Issuer PLC. The securities incorporating NASDAQ OMX indexes are not created, sponsored, endorsed, recommended or promoted by NASDAQ OMX and NASDAQ OMX shall have any no liability in connection with the securities.