Address
3 Lombard Street
London, EC3V 9AA
United Kingdom of Great Britain and Northern Ireland (the)
Phone
44-20-7448-4330
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
January 01, 2008
WisdomTree Copper is a fully collateralized Exchange Traded Commodity (ETC) that adheres to UCITS standards, crafted to offer investors comprehensive total return exposure to copper futures contracts. Its main objective is to closely mirror the performance of the Bloomberg Commodity Copper Subindex 4W Total Return Index (BCOMHG4T). This is achieved by tracking the Bloomberg Copper Sub Excess Return Index and integrating the earned interest revenue, which is adjusted to account for all associated product fees and costs. To illustrate, if the Bloomberg Commodity Copper Subindex 4W Total Return Index appreciates by 1% on a given day, the ETC's value is expected to similarly climb by 1%, prior to any deduction for fees. Conversely, a 1% decline in the index would result in a corresponding 1% decrease in the ETC's value, before accounting for charges.