Exchange traded products
security (ETP)
ETPs: What are they?
Exchange Traded Products (ETPs) are listed securities which allow investors to participate in the performance of the underlying index or strategy.
They could be used to wrap an actively managed strategy or simply track an index. ETPs can be listed in a short time frame, have low barriers to entry and trade on the main markets of regulated exchanges.
This places them in a sweet spot between Actively Managed Certificates (AMCs) and traditional ETFs.
|
UCITS ETF Exchange Traded Fund |
AMC Actively Managed Certificate |
ETP Exchange Traded Product |
|
|---|---|---|---|
| Ongoing Fixed Costs | $200-300k / year | <$50k / year | <$50k / year |
| Break even AUM | $50M | <$5M | <$5M |
| Investment Restrictions | Yes (diversification, leverage, assets) | No | No |
| Liquidity | Trades on most liquid segments, open to multiple market makers | Trades on less liquid certificate segments, closed to one market maker | Trades on most liquid segments, open to multiple market makers |
| Active strategies available | Yes | Yes | Yes |
| Time to launch | 3-5 months | 1-2 months | 1-2 months |
| Passporting across UK/EU | Yes | No | Yes |
| Accessibility | On exchange via major brokers or OTC | Limited to specialist brokers/banks | On exchange via major brokers or OTC |
| Credit risk | Minimal, owns underlying assets | Bank issuer credit risk | Minimal, owns underlying assets |
White label clients
Key Benefits
For Asset Managers
Reach
Retail / Institutional access through major brokers and large market players
Compliant
European UCITS-eligible ETPs, compliant with PRIIPs, MIFID and other applicable regulations
Turnkey
Operations, trading and regulatory documents sorted. Marketing, dedicated product pages and PR provided
For Investors
Low Investment
Invest from 1 share at low prices (c. $5)
Choice
Access to niche / active strategies to complement core holdings
Convenient
Trades like any other stock or ETF on regulated markets
Key benefits
For asset managers
Reach
Compliant
Turnkey
For investors
Low investment
Choice
Convenient
About us
- Most traded ETP on London Stock Exchange
- ETPs passported across 9 jurisdictions
- $2.8 Billion traded in 2022
- 170+ ETPs
Prospectus reviewed by the FCA and Central Bank of Ireland
SPV structure segregates assets, which are ring-fenced and held with third party trustee for the benefit of investors
ETPs are listed on the main market of the largest exchanges across the UK and Europe
We do the heavy lifting:
You focus on:
Trading & rebalancing
reporting
We do the
heavy lifting:
You focus on:
Preferred providers
Trustee
Registrar
Prime broker and custodian
Dedicated market
Regulator
Exchange
Index providers
Legal
Auditors
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Welcome to Leverage Shares
Terms and Conditions
Notice
If you are not classified as an institutional investor, you will be categorised as a private/retail investor. At this time, we cannot send communications directly to private/retail investors. You are welcome to view the contents of this website.
If you are an ‘Institutional investor’, you affirm either that you are a Per Se Professional Client, or that you wish to be treated as an Eligible Counterparty Client, both as defined under the Markets in Financial Instruments Directive, or an equivalent in a jurisdiction outside the European Economic Area.
Risk Warnings
The value of an investment in ETPs may go down as well as up and past performance is not a reliable indicator of future performance. Trading in ETPs may not be suitable for all types of investor as they carry a high degree of risk. You may lose all of your initial investment. Only speculate with money you can afford to lose. Changes in exchange rates may also cause your investment to go up or down in value. Tax laws may be subject to change. Please ensure that you fully understand the risks involved. If in any doubt, please seek independent financial advice. Investors should refer to the section entitled “Risk Factors” in the relevant prospectus for further details of these and other risks associated with an investment in the securities offered by the Issuer.
This website is provided for your general information only and does not constitute investment advice or an offer to sell or the solicitation of an offer to buy any investment.
Nothing on this website is advice on the merits of any product or investment, nothing constitutes investment, legal, tax or any other advice nor is it to be relied on in making an investment decision. Prospective investors should obtain independent investment advice and inform themselves as to applicable legal requirements, exchange control regulations and taxes in their jurisdiction.
This website complies with the regulatory requirements of the United Kingdom. There may be laws in your country of nationality or residence or in the country from which you access this website which restrict the extent to which the website may be made available to you.
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The information provided on this site is not directed to any United States person or any person in the United States, any state thereof, or any of its territories or possessions.
Persons accessing this website in the European Economic Area
Access to this site is restricted to Non-U.S. Persons outside the United States within the meaning of Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”). Each person accessing this site, by so doing, acknowledges that: (1) it is not a U.S. person (within the meaning of Regulation S under the Securities Act) and is located outside the U.S. (within the meaning of Regulation S under the Securities Act); and (2) any securities described herein (A) have not been and will not be registered under the Securities Act or with any securities regulatory authority of any state or other jurisdiction and (B) may not be offered, sold, pledged or otherwise transferred except to persons outside the U.S. in accordance with Regulation S under the Securities Act pursuant to the terms of such securities. None of the funds on this website are registered under the United States Investment Advisers Act of 1940, as amended (the “Advisers Act”).
Exclusion of Liability
Certain documents made available on the website have been prepared and issued by persons other than Leverage Shares Management Company. This includes any Prospectus document. Leverage Shares Management Company is not responsible in any way for the content of any such document. Except in those cases, the information on the website has been given in good faith and every effort has been made to ensure its accuracy. Nevertheless, Leverage Shares Management Company shall not be responsible for loss occasioned as a result of reliance placed on any part of the website and it makes no guarantee as to the accuracy of any information or content on the website. The description of any ETP Security referred to in this website is a general one. The terms and conditions applicable to investors will be set out in the Prospectus, available on the website and should be read prior to making any investment.
Leverage Investment
Leverage Shares exchange-traded products (ETPs) provide leveraged exposure and are only suitable for experienced investors with knowledge of the risks and potential benefits of leveraged investment strategies.
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