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About WisdomTree Long NOK Short EUR
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Inception date
Feb 17, 2010
Structure
Secured Note
Replication method
Synthetic
Primary advisor
WisdomTree Management Jersey Ltd.
ISIN
JE00B3MRDD32
Designed to enable investors to gain exposure to Norwegian Krone (NOK) relative to Euro (EUR) by tracking the MSFX Long Norwegian Krone/Euro Index (TR) (the Index), which aims to reflect the performance of a position in forward contracts which are rolled on a daily basis.
Related funds
Classification
Symbol
Geography
Norway
Short-time trade SUP5Jump in on pullback and ride up, but i don't expect big move up, because brexit is terrible idea :)
Leveraged Decay: how to calculate itBrexit and currency hedging has thrown up the need for products such as SUP3 however there is danger in holding such leveraged products as SUP3 (3X Long GBP Short EUR). As path dependency of the currency picks up in volatility the arithmetic mean drifts below the geometrical mean.
This is most easi
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
LNOE assets under management is 3.32 M EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
LNOE expense ratio is 0.39%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, LNOE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, LNOE doesn't pay dividends to its holders.
LNOE shares are issued by WisdomTree, Inc.
LNOE follows the MSFX Long Norwegian Krone/Euro Index - EUR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 17, 2010.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.