WisdomTree Brent Crude Oil (BRNT.L) LSE

87.73

+2.59(+3.04%)

Updated at June 03 08:43AM

Currency In USD

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/A

Description

WisdomTree Brent Crude Oil is a fully collateralised, UCITS eligible Exchange Traded Commodity (ETC) designed to provide investors with a total return exposure to Brent Crude Oil futures contracts. The ETC aims to replicate the Bloomberg Commodity Brent Crude Subindex 4W Total Return Index (BCOMCO4T) by tracking the Bloomberg Brent Crude Sub Excess Return Index and providing the interest revenue adjusted to reflect fees and costs associated with the product. For example, if the Bloomberg Commodity Brent Crude Subindex 4W Total Return Index rises by 1% over a day, then the ETC will rise by 1%, excluding fees. However if the Bloomberg Commodity Brent Crude Subindex 4W Total Return Index falls by 1% over a day, then the ETC will fall by 1%, excluding fees.