Leverage Shares launches raft of leveraged ETPs

FAANG+ ETP

Leverage Shares has launched 15 new ETPs on the London Stock Exchange, including the first physical pure-play exposure to FAANG+ stocks in Europe.

The FAANG+ ETP uses the structure to eliminate ‘fillers' that are common with UCITS ETFs, which have concentration restrictions, the firm said, and provide non-diluted exposure to a handful of stocks. The ETP has a total expense ratio of 0.35%. International regulatory association finalises ETF best practice guidelines Additionally, the firm launched a variety of leveraged bond ETPs, including long and short positions on 7-10 year US Treasury bonds, 20+ year US Treasury bonds and Treasury Inflation Protection Securities. These will all have a TER of 0.75%. The firm also l...