Description

The WisdomTree Bloomberg Brent Crude Oil is a UCITS-compliant Exchange Traded Commodity (ETC) that is fully backed by assets. Its primary objective is to offer investors complete exposure to the returns generated by Brent Crude Oil futures contracts. The overall return for this ETC is calculated from the day-to-day fluctuations of the Bloomberg Brent Crude Sub Index (BCOMCO), plus any earned interest, all of which are adjusted to subtract applicable fees and operational expenses. To illustrate, if the Bloomberg Brent Crude Sub Index increases or decreases by 1% in a single day, the ETC is designed to reflect that identical 1% change, prior to any fee deductions.