Leverage Shares 3x Apple ETP Securities (AAP3)

Leverage Shares 3x Apple ETP Securities is an exchange-traded product (ETP) designed to deliver three times the daily return of Apple, Inc. stock. It tracks the iSTOXX Leveraged 3X AAPL Index, which aims to provide 3x leveraged exposure to Apple's share price performance, adjusted for fees and costs associated with maintaining the leveraged position. The ETP achieves this through physical replication by directly investing in Apple stock and using margin borrowing to acquire additional shares, ensuring full ownership of the underlying assets to minimize credit risk. Key features include an intraday rebalance mechanism known as an 'airbag' to cushion large intra-day declines, high liquidity with multiple market makers, and the ability to trade like an equity without needing futures or margin accounts. Investors cannot lose more than their initial investment. Available in countries such as the United Kingdom, Italy, Germany, France, Spain, Netherlands, Ireland, Poland, and Belgium, it is issued by Leverage Shares PLC with Interactive Brokers LLC and/or Morgan Stanley & Co. LLC as margin providers. This product serves investors seeking amplified daily exposure to Apple within the technology sector of the financial markets.