Share split for leveraged shares

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1

Hi,

I have leveraged shares of 3x Apple - AAP3. I would like to know, how the Apple shares split would be handled for these leveraged shares ?

Thanks

2

@santy Nothing changes. Think of this way, you’re holding an ETP that’s just tracking the change in value of AAPL x 3. Stock splits don’t alter the intrinsic value of an investment.

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