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ISIN: XS2337100320

1x Microsoft Tracker

NAV as of 12 Oct 2026, 12:00 AM UTC

$11.10 (1.19%)

Year-To-Date Change

12.34%

  • Exchange open LSE
  • Exchange open XAMS

Capital at risk. NAV calculated by Leverage Shares. For more information on the calculation please click here

More Leverage Factors:

Overview

What is the 1x Microsoft Tracker ETP?

The LS 1x Microsoft Tracker ETP (ISIN XS2337100320) is an exchange traded product (ETP) that seeks to deliver the daily performance of Microsoft Corp. It has physical ownership of the underlying, so it does not use swaps or other derivatives to achieve its exposure, and it does not have credit risk. It does not use leverage, so it is not subject to volatility decay. You cannot lose more than the amount you invest. The LS 1x Microsoft Tracker ETP has an annual management fee of 0.15% and is listed on the following exchanges: London Stock Exchange, Euronext Amsterdam. It can be held over longer periods as well as traded intraday.

ETP objective

To seek daily investment results, before fees and expenses, that correspond to 100% (1x) the daily performance of the underlying stock (MSFT).

Who is this product for?

Investors and traders seeking to express long-term bullish views or tactically trade positions, via physical ownership and without a leverage component.

*However, these are complex products.

Value of Underlying Assets

$1,603,969

or 2,964 shares of MSFT

AUM

$1,603,729

or 144,533 shares of 1MSF

Liabilities

$240

Listings & Tickers

Exchange Base Currency Trading Currency Exchange Code ISIN SEDOL BBG Ticker WKN Listing Date
London Stock Exchange USD USD 1MSF XS2337100320 BMDTY83 1MSF LN N/A 26 May 2021
London Stock Exchange USD GBP MSFT XS2337100320 BMDTY94 MSFT LN N/A 26 May 2021
London Stock Exchange USD EUR MSF1 XS2337100320 BMDTYB6 MSF1 LN N/A 26 May 2021
Euronext Amsterdam USD EUR MSFT XS2337100320 BLFB275 MSFT NA N/A 26 May 2021

Key Facts

Net Asset Value

NAV (as of 12 Oct 2026)
$11.10
Daily Return (% NAV change)
1.19%
Daily Change (of NAV)
$0.13

Structure

Structure
ETP
Domicile
Ireland
Replication Method
Physical
Dividends
Reinvested
Underlying Asset
MSFT
Target Weights
Rebalance Frequency

Fees

Annual Management Fee
0.15%
Interest Paid On Cash Balances
Performance Fee
Stock Borrow Rate

Key Services Providers

Issuer
Leverage Shares plc
Arranger
Leverage Shares Management Company Limited
Trustee
Apex Corporate Trustees (UK) Limited
Issuing and Paying Agent
U.S. Bank Europe DAC
Registrar
U.S. Bank Europe DAC
Portfolio Administrators
Flexinvest Limited
Stock Borrowing Provider and Custodian
Interactive Brokers LLC, Morgan Stanley & Co. LLC and/or Pershing LLC
Determination Agent
Calculation Agent Services LLC
Initial Authorised Participant
BNP Paribas Arbitrage S.N.C.,Virtu Financial Ireland Limited, Flow Traders and others
Sponsor
Fact Sheet
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Reportable Income UK Fund Reporting EMT Supplemental Trust Deeds
Notices
Latest Notice
18.09.2026 Batch Notification 11.09.2026 Notice Appointment of Authorised Participants 26.08.2026 Notification of New Series 21.07.2026 Batch Notification 19.06.2026 Notice to ETP Securityholders 03.06.2026 Notices of Investment Strategy Modifications 21.05.2026 Batch Notification 30.04.2026 Notification of New Series 24.03.2026 Notification of New Series 23.03.2026 Batch Notification 11.03.2026 Notices of Investment Strategy Modifications 31.10.2025 Notice of Publication of Audited Financial Statements 06.08.2025 Updated to IB Margin Account Agreement 08.05.2025 Notice Appointment of Additional Authorised Participant 16.01.2025 Notice to ETP Securityholders 02.10.2024 Notice of Amended & Restated Margin Account Agreement 29.07.2024 Notice of Appointment of Pershing as Additional Margin Load Provider 17.07.2024 Notice of Deed of Amendment and Restatement 02.11.2023 Notice of Late Filing of Audited Financial Report 19.10.2023 Notice to ETP Securityholders 20.09.2023 Notice of Migration to IB LLC 04.05.2023 Notice of Amended and Restated Conditions 13.12.2022 Notice of Result of Adjourned Meeting 09.12.2022 Notice of Extension of Deadline 29.11.2022 Notice of Delisting from Euronext Paris 12.10.2022 Intraday Rebalance 19.08.2022 Notice of Mandatory Redemption 16.08.2022 Notice of Amended and Restated Master Trust Deed 08.08.2022 Mandatory Redemption 20.07.2022 Intraday Rebalance 18.07.2022 Intraday Rebalance 15.07.2022 Intraday Rebalance 01.07.2022 Intraday Rebalance 21.06.2022 Intraday Rebalance 14.06.2022 Notice of Delisting 13.06.2022 Intraday Rebalance 24.05.2022 Intraday Rebalance 13.05.2022 Intraday Rebalance 12.05.2022 Intraday Rebalance 12.05.2022 Notice of Waiver of Arranger Fee 09.05.2022 Intraday Rebalance 05.05.2022 Intraday Rebalance 05.05.2022 Notice of Issuer Call Redemption 27.04.2022 Notice of Issuer Call Redemption 20.04.2022 Intraday Rebalance 29.03.2022 Notice of Waiver of Arranger Fee 23.03.2022 Notice of Series Name Change 16.03.2022 Intraday Rebalance 14.03.2022 Intraday Rebalance 10.03.2022 Intraday Rebalance 07.03.2022 Notice of Delisting from CBOE Europe Limited. 18.02.2022 Intraday Rebalance 16.02.2022 Intraday Rebalance 03.02.2022 Intraday Rebalance 02.02.2022 Intraday Rebalance 31.01.2022 Intraday Rebalance 21.01.2022 Intraday Rebalance 31.12.2021 Intraday Rebalance 07.12.2021 Notice of Amended and Restated Terms and Conditions 05.12.2021 Notice of Intraday Rebalance and Issuer Call Redemption 05.12.2021 Notice to ETP Securityholders 23.11.2021 Notice of Intraday Rebalance 18.11.2021 Notice of Change of Portfolio Administrator 16.11.2021 Notice to ETP Securityholders 09.11.2021 Notice to ETP Securityholders 08.10.2021 Notice of Arranger Fee Increase 27.09.2021 Notice of Change of Portfolio Administrator 17.09.2021 Notice of Fee Decrease 17.09.2021 Notice of Fee Increase 31.08.2021 Intraday Rebalance 12.04.2021 Notice of Cross Listing 26.01.2021 Notice of Cross Listing (Euronext Paris) 12.01.2021 Notice of Cross Listing (Euronext Amsterdam) 23.12.2020 Notice of Termination of Service Providers 18.12.2020 Notice of Confirmation of Migration to ICSD 08.12.2020 Notice of Migration to ICSD 27.11.2020 Notice of Change of Issuing and Paying Agent 27.10.2020 Notice of Change of Service Providers

Frequently Asked Questions about the 1x Microsoft Tracker ETP

The LS 1x Microsoft Tracker ETP (ISIN XS2337100320) is an exchange traded product (ETP) that seeks to deliver the daily performance of Microsoft Corp. It is listed on the following exchanges: London Stock Exchange, Euronext Amsterdam.
The LS 1x Microsoft Tracker ETP has an annual management fee of 0.15%.
The LS 1x Microsoft Tracker ETP has physical ownership of the underlying, and therefore does not use swaps or other derivatives to achieve its exposure. It does not have credit risk, because the Series has physical ownership of the underlying and does not use derivatives, like swaps.
The LS 1x Microsoft Tracker is an exchange traded product, not an ETF. ETPs are structured as debt securities and lie outside the remit of UCITS. While not UCITS compliant, they may be UCITS eligible, meaning they are capable of being an eligible investment for another UCITS fund. It trades on exchange in the same way as a share.
Yes. The LS 1x Microsoft Tracker ETP does not use leverage and does not rebalance daily to maintain a leverage target, so it can be held for more than one day. Over time returns seek to reflect the performance of Microsoft Corp, less fees.
Volatility decay is the effect of daily rebalancing and compounding on a leveraged product. Because the LS 1x Microsoft Tracker ETP does not use leverage and does not rebalance daily, it is not subject to volatility decay.
An investor in the LS 1x Microsoft Tracker ETP cannot lose more than the amount they invest. You could lose the full value of your investment if Microsoft Corp falls to zero.
Yes. Alongside the LS 1x Microsoft Tracker ETP, the Leverage Shares -1x Microsoft ETP (ISIN IE00BKTW9M13) provides -1x exposure to Microsoft Corp.
The LS 1x Microsoft Tracker ETP does not pay dividends. It has physical ownership of the underlying, and any dividends received are reflected in the value of the ETP.
Yes. The LS 1x Microsoft Tracker ETP seeks to track Microsoft Corp over any holding period, less fees. Because it does not use leverage or daily rebalancing, longer holds do not introduce volatility decay.
The LS 1x Microsoft Tracker ETP is 100% backed with the underlying. Leverage Shares does not use derivatives, like swaps, to offer its exposures.
Experienced investors may use the LS 1x Microsoft Tracker ETP for a variety of strategies. Some examples include building exposure to Microsoft Corp through a single trade, responding to technical indicators, and hedging existing exposures in a portfolio.
The LS 1x Microsoft Tracker ETP can be traded through brokerage accounts that have access to the exchanges where it is listed. It trades on the following exchanges, each with the ticker(s) to search on that exchange:
  • London Stock Exchange: 1MSF (USD), MSFT (GBP), MSF1 (EUR)
  • Euronext Amsterdam: MSFT (EUR)
Investors do not need a margin account in order to trade Leverage Shares ETPs.