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/ADescription
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.