Description

This fully collateralized and UCITS-compliant Exchange Traded Commodity (ETC), offered by WisdomTree Precious Metals, is designed to provide investors with comprehensive total return exposure to a portfolio of Precious Metals futures contracts. Its primary objective is to accurately mirror the performance of the Bloomberg Commodity Precious Metals Subindex 4W Total Return Index (BCOMPR4T). This is achieved by closely tracking the Bloomberg Precious Metals Sub Excess Return Index and incorporating any interest earned, after accounting for all associated product fees and expenses. Consequently, the ETC's daily valuation typically moves in direct proportion to its benchmark: a 1% increase in the Bloomberg Commodity Precious Metals Subindex 4W Total Return Index generally translates to a 1% rise in the ETC, and conversely, a 1% fall in the index results in a 1% decline for the ETC, in both cases prior to the deduction of fees.