GraniteShares, the discount commodities ETF specialist, is coming to London. As part of its opening catalogue of European products, the company is listing a suite single stock leveraged and inverse ETPs.
The new ETPs all use swaps to give 3x the daily performance of British blue chips. At present, there are no ETPs quite like them in Europe. In 2017, a Global X subsidiary called “Leverage Shares”, attempted to list leveraged single stock ETPs for American blue chips on the London Stock Exchange. (Old article here). However their efforts were unsuccessful – for whatever reason – and the products never traded.
The funds charge 0.99%.
GraniteShares 3x Long Rio Tinto Daily ETP (3LRI)
GraniteShares 3x Long Rolls-Royce Daily ETP (3LRR)
GraniteShares 3x Short AstraZeneca Daily ETP (3SAZ)
GraniteShares 3x Short BAE Systems Daily ETP (3SBA)
GraniteShares 3x Short Barclays Daily ETP (3SBC)
GraniteShares 3x Short BP Daily ETP (3SBP)
GraniteShares 3x Short Diageo Daily ETP (3SDO)
GraniteShares 3x Short Glencore Daily ETP (3SGL)
GraniteShares 3x Short Lloyds Banking Group Daily ETP (3SLL)
GraniteShares 3x Short Shell-A Daily ETP (3SRD)
GraniteShares 3x Short Rio Tinto Daily ETP (3SRI)
GraniteShares 3x Short Rolls-Royce Daily ETP (3SRR)
GraniteShares 3x Long AstraZeneca Daily ETP (3LAZ)
GraniteShares 3x Long BAE Systems Daily ETP (3LBA)
GraniteShares 3x Long BP Daily ETP (3LBP)
GraniteShares 3x Long Diageo Daily ETP (3LDO)
GraniteShares 3x Long Glencore Daily ETP (3LGL)
GraniteShares 3x Long Lloyds Daily ETP (3LLL)
GraniteShares 3x Long Shell-A Daily ETP (3LRD)