WisdomTree Palladium 1x Daily Short (1PAS.L) LSE

Currency In USD

AD

WisdomTree Palladium 1x Daily Short

Address

3 Lombard Street

London, EC3V 9AA

Ireland

Phone

353-1800-000-036

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

July 05, 2013

Key Executives

N/A
AD

Description

The WisdomTree Palladium 1x Daily Short is a fully collateralized Exchange Traded Commodity (ETC) that offers investors a way to gain inverse exposure to palladium. Its total return aims to deliver the opposite of the daily performance of the Solactive Palladium Commodity Futures SL Index (SOLWSPA1), specifically tracking -1 times its daily movement. This return is also adjusted to factor in any earned interest revenue and the various fees and costs associated with the product. For instance, if the Solactive Palladium Commodity Futures SL Index rises by 1% over a day, the ETC is designed to fall by 1% (before fees). Conversely, a 1% daily decline in the index would typically result in a 1% increase in the ETC's value (excluding fees).

AD