WisdomTree WTI Crude Oil (CRUD.L) LSE
Currency In USD
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WisdomTree WTI Crude Oil
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
Key Executives
N/ADescription
The WisdomTree WTI Crude Oil is an Exchange Traded Commodity (ETC) that fully complies with UCITS standards and is entirely secured by collateral. Its purpose is to offer investors comprehensive return exposure linked to WTI Crude Oil futures contracts. This ETC endeavors to precisely mirror the performance of the Bloomberg WTI Crude Oil Multi-Tenor 4W Total Return Index (BCLMT4T). It achieves this by tracking the Bloomberg WTI Crude Oil Multi-Tenor Excess Return Index and integrating interest income, after all associated product fees and costs have been deducted. For illustration, should the Bloomberg WTI Crude Oil Multi-Tenor 4W Total Return Index gain 1% within a single day, the ETC is designed to similarly appreciate by 1% (prior to any fees). Conversely, if the index experiences a 1% decline over the same period, the ETC would correspondingly fall by 1%, again before fees are factored in.