Societe Generale has listed 74 ETPs on the London Stock Exchange for UK retail and professional investors, who can leverage their exposures to equities, commodities and currencies.
The launch includes products covering four of the world’s most prominent indexes – S&P 500, FTSE 100, DAX, and Euro Stoxx 50. It also includes coverage of hard commodities (oil, silver, gold, copper and natural gas) and currencies (GBP/USD, EUR/USD and JPY/USD). Investors can use the ETPs to take long or short positions and can leverage returns between two, three and five times over on a day-by-day basis.
ETPs were developed as part of Societe Generale’s strategy to diversify its broadly-based offering of investment solutions and meet growing investor demand for liquid products with a broad choice of leverage. The products are priced to be highly competitive against competing ETPs. As with most investments, the value can go down as well as up, and as a leveraged investment these products are designed for sophisticated investors.
Zak de Mariveles, managing director, Head of UK IFA Sales, Societe Generale comments: “By broadening our offering in the UK, we look forward to provide retail and professional investors that seek to gain leverage within their portfolios with an even greater choice and flexibility.”