WisdomTree Brent Crude Oil (BRNG.L) LSE
Currency In GBp
- General
- Statistics
- Historical Data
- Profile
- Financials
WisdomTree Brent Crude Oil
Address
3rd Floor, 44 Esplanade
St Helier, JE4 9WG
Jersey
Phone
44-20-7448-4330
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
February 22, 2012
Key Executives
N/ADescription
The WisdomTree Brent Crude Oil is a fully collateralized, UCITS-compliant Exchange Traded Commodity (ETC) designed to provide investors with comprehensive total return exposure to Brent Crude Oil futures. This ETC's goal is to closely track the Bloomberg Commodity Brent Crude Subindex 4W Total Return Index (BCOMCO4T). It achieves this by following the Bloomberg Brent Crude Sub Excess Return Index and adding the interest revenue generated from its collateral, net of all associated product fees and expenses. For example, a 1% daily increase or decrease in the Bloomberg Commodity Brent Crude Subindex 4W Total Return Index would typically lead to a corresponding 1% change in the ETC's value, before fees are applied.