This UCITS-eligible and fully collateralized Exchange Traded Product (ETP) is designed to provide investors with three times the daily leveraged exposure to the British Pound's performance relative to the US Dollar. Its objective is to track the MSFXSM Triple Long British Pound Total Return Index (MSCEGBUL). The total return comprises three times the daily percentage change of FX forward contracts that are long GBP against USD, plus interest revenue, after accounting for all associated fees and costs.