WisdomTree Bloomberg Brent Crude Oil (BRND.L) LSE
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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
March 31, 2015
This fully collateralized, UCITS-compliant Exchange Traded Commodity (ETC) from WisdomTree is engineered to provide investors with comprehensive total return exposure to Brent Crude Oil futures contracts. The overall return generated by this product is a blend of the daily performance of the Bloomberg Brent Crude Sub Index (BCOMCO) and any earned interest, all adjusted to reflect the relevant product fees and operating expenses. In essence, its daily performance mirrors that of the index; for instance, a 1% increase or decrease in the Bloomberg Brent Crude Sub Index over a single day will typically result in a corresponding 1% change for the ETC, before accounting for any fees.