# Graniteshares 3x Long Microstrategy Etp (LMI3)

**Source:** https://fundology.uk/fund/lmi3 · ISIN XS2617255760 · 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 30/09/2026, LMI3 (Graniteshares 3x Long Microstrategy Etp, ISIN XS2617255760) closed at £0.0836 on the London Stock Exchange. Its ongoing charge is 0.14% a year (about £14 on £10,000). Over the year to 30/09/2026 its total return was −99.2%, or −99.2% after UK CPIH inflation.

## Summary

Graniteshares 3x Long Microstrategy Etp is an exchange-traded product from GraniteShares, launched in 2022. 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 0.14% a year — about £14 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

> **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: **£0.0836** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | LMI3 |
| ISIN | XS2617255760 |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | GraniteShares |
| Tracks | Solactive Daily Leveraged 3x long MicroStrategy Index - EUR - Benchmark TR Net |
| Income | Accumulating |
| Ongoing charge | 0.14% a year (£14 per £10,000) |
| Fund size | £9.5m |
| Launched | 2022 |
| Domicile | Ireland |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -99.16% | -99.19% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Charges compared with similar funds

Ongoing charge of Graniteshares 3x Long Microstrategy Etp 0.14% a year, as of 01/10/2026: 222 of the 280 other leveraged and inverse products charge more, 1 the same and 57 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.14%** per year
- ISA eligible: yes
- SIPP eligible: yes

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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.