# Leverage Shares 3x Long NIO ETP USD (BABI)

**Source:** https://fundology.uk/fund/babi · ISIN XS3068774887 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 05/10/2026, BABI (Leverage Shares 3x Long NIO ETP USD, ISIN XS3068774887) closed at £12.67 on the London Stock Exchange. Its ongoing charge is 0.63% a year (about £63 on £10,000).

## Summary

Leverage Shares 3x Long NIO ETP USD is an exchange-traded product from IncomeShares, launched in 2025. It aims to deliver a multiple, or the opposite, of one day’s move in what it tracks. The multiple resets daily, so over longer periods its return can differ a lot from the multiple of the index return. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.63% a year — about £63 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

> **Leveraged & inverse:** Built for short-term trading. Because the multiple resets every day, losses can build up quickly when held for longer, even if the index ends up where it started.

Latest close: **£12.67** (05/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | BABI |
| ISIN | XS3068774887 |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | IncomeShares |
| Tracks | Alibaba Group Holding Limited |
| Income | Distributing |
| Ongoing charge | 0.63% a year (£63 per £10,000) |
| Fund size | £1.1m |
| Launched | 2025 |
| Domicile | Ireland |

## Charges compared with similar funds

Ongoing charge of Leverage Shares 3x Long NIO ETP USD 0.63% a year, as of 03/10/2026: 163 of the 259 other leveraged and inverse products charge more, 0 the same and 96 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.63%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Questions people ask

**What is the ongoing charge of BABI?**

The ongoing charge of BABI is 0.63% a year — about £63 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Leverage Shares 3x Long NIO ETP USD 0.63% a year, as of 03/10/2026: 163 of the 259 other leveraged and inverse products charge more, 0 the same and 96 less (share classes counted once).

**What does BABI track?**

BABI tracks the Alibaba Group Holding Limited.

**Is BABI accumulating or distributing?**

BABI is distributing: income is paid out to holders as cash, usually a few times a year. It pays out monthly.

**What is the ISIN of BABI?**

The ISIN of BABI is XS3068774887. An ISIN identifies one exact share class of a fund; BABI is its ticker on the London Stock Exchange.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.