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3LRR

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Analysis and statistics

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About

3LRR.LSE represents the Leverage Shares 3x Long Rolls-Royce ETP Securities, an exchange-traded product (ETP) listed on the London Stock Exchange. It aims to provide investors with three times the daily performance of Rolls-Royce Holdings PLC (RR.) shares. As a leveraged product, it magnifies both gains and losses, making it a higher-risk investment suitable for sophisticated investors with a short-term trading horizon. The ETP tracks the underlying index with a degree of leverage, and the return is reset daily, so it is not intended for buy-and-hold strategies.

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Factors

Underlying Assets: The price mirrors the performance of the assets it tracks, primarily UK Gilts with 20+ year maturity.

Interest Rate Changes: Gilts are sensitive to rate fluctuations; rising rates generally decrease bond values.

Inflation Expectations: Higher inflation erodes bond values, impacting the ETF's price negatively.

Supply and Demand: Market demand for 3LRR.LSE and supply of its shares influence price.

Market Sentiment: General investor optimism or pessimism regarding UK bonds affect the ETF.

Credit Risk Perception: Changes in the perceived creditworthiness of the UK government impact Gilt prices.

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