This is a fully collateralised, UCITS eligible Exchange Traded Product (exchange-traded product (ETP)) designed to provide investors with a leveraged exposure to the NASDAQ 100. It tracks the NASDAQ-100® 3x Leveraged Notional Net Return Index (XNDXL3), providing a total return comprised of 3 times the daily performance of the NASDAQ-100® Notional Net Total Return Index, adjusted to reflect fees and costs inherent to maintaining a leveraged position in stocks. For example, if the NASDAQ-100® Notional Net Total Return Index rises by 1% over a day, then the ETP will rise by 3%, excluding fees. However if the NASDAQ-100® Notional Net Total Return Index falls by 1% over a day, then the ETP will fall by 3%, excluding fees.