LONDON, July 15, 2024 - Leverage Shares, the pioneer in single-stock exchange traded products (ETPs) in Europe and the UK, announces it has reached $1 billion in assets under management across its product line.
This milestone coincides with exceptional growth including a 71% year-over-year increase in average monthly turnover, net inflows in 18 out of the 21 months since October 2022, as well as strong performance of the 3x Tesla ETP (TSL3) & 3x Nvidia ETP (NVD3), the most traded products on London Stock Exchange1. Leverage Shares is the leading issuer in London with 149 physically-backed ETPs.
"This achievement shows how far we've come and how far we're willing to go to adhere to the growing investor demand across European markets," said Leverage Shares Co-Founder & CEO José Gonzalez.
Disclosure
Capital at Risk Warning: 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 investors as they carry a high degree of risk. Please ensure that you fully understand the risks involved. Investors should refer to the section entitled "Risk Factors" in the relevant prospectus for further details of risks associated with an investment in the securities offered by the Issuer.
Disclaimer: This article is issued for journalists in their professional capacity. The information contained herein does not constitute an offer or solicitation and may not be treated as an offer or solicitation in any jurisdiction where such an offer or solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if they person making the offer or solicitation is not qualified to do so. The value of investments, and the income from them, may fall or rise and investors may get back less than they invested. Issued by Leverage Shares plc, which is authorized and regulated in the UK by the Financial Conduct Authority.
The Leverage Shares Base Prospectus has been approved by the Central Bank of Ireland as competent authority under Regulation (EU) 2017/1129 and the Financial Conduct Authority as competent authority under the United Kingdom's version of Regulation (EU) No 2017/1129, which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
For more information, visit www.leverageshares.com
ID: 6456
1. Source: ETPs Factsheet - Most Traded in the Month by Trades, June 2024, London Stock Exchange.
SOURCE Leverage Shares