WisdomTree Carbon (CARP.L) LSE
Currency In GBp
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WisdomTree Carbon
Address
3rd Floor, 44 Esplanade
St Helier, JE4 9WG
Jersey
Phone
44 20 7355 9810
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
January 01, 2010
Key Executives
N/ADescription
WisdomTree Carbon is an Exchange Traded Commodity (ETC) that meets UCITS standards and is completely backed by collateral. Its purpose is to offer investors comprehensive returns linked to carbon futures agreements. This ETC seeks to mirror the performance of the Solactive Carbon Emission Allowances Rolling Futures Total Return Index (SOLCARBT). It achieves this by tracking the Solactive Carbon Emission Allowances Rolling Futures Excess Return Index and incorporating interest earned, adjusted for product-related expenses and charges. Consequently, its daily price movements are intended to broadly align with those of the SOLCARBT index: a 1% increase or decrease in the index should typically result in a similar 1% change in the ETC's value, prior to any fees.