Description

This Exchange Traded Commodity (ETC), known as WisdomTree WTI Crude Oil 3x Daily Leveraged, is fully collateralized and offers investors magnified exposure to the price movements of West Texas Intermediate (WTI) crude oil. Its objective is to achieve a total daily return equivalent to three times the performance of the Solactive WTI Crude Oil Commodity Futures SL Index (SOLWSCL2), augmented by any interest income earned, after all product-related fees and expenses have been deducted. To illustrate, if the Solactive WTI Crude Oil Commodity Futures SL Index increases by 1% on a given day, the ETC is designed to appreciate by 3%, before accounting for charges. Conversely, a 1% daily decrease in the index would typically result in a 3% depreciation of the ETC, prior to fees.