WisdomTree Brent Crude Oil (BRNT.L) LSE

Currency In USD

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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
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Description

WisdomTree Brent Crude Oil is an Exchange Traded Commodity (ETC) that is fully collateralized and UCITS-compliant. It aims to provide investors with total return exposure to Brent Crude Oil futures contracts. The ETC's objective is to replicate the Bloomberg Commodity Brent Crude Subindex 4W Total Return Index (BCOMCO4T). This is accomplished by tracking the Bloomberg Brent Crude Sub Excess Return Index and adding the interest revenue, adjusted for the product's fees and costs. In practice, should the Bloomberg Commodity Brent Crude Subindex 4W Total Return Index increase or decrease by 1% in a given day, the ETC is designed to similarly move by 1% in that direction, prior to the impact of fees.

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