ETFS 3x Daily Long FTSE 100 - UK3L

ETFS 3x Daily Long FTSE 100 (UK3L) is designed to enable investors to gain a three times daily leveraged 'long' exposure to FTSE 100 Net of Tax (FTSE 100) by tracking the FTSE 100 Daily Super Leveraged RT TR Index (the “Index”). A three times daily leveraged long exposure means that the product is designed to reflect three times the daily percentage change in the FTSE 100 (the “benchmark”). For example, if the FTSE 100 was to rise in value by 5% on a particular day, the product would increase in value by 15% on that day (before fees, expenses and adjustments). UK3L is an exchange traded product (“ETP”). It is not a UCITS. This ETP is structured as a debt security rather than as a share (equity) and can be created and redeemed on demand by authorised participants and is traded on exchange just like shares in a company. The ETP is backed by Equity Contracts (swaps).