WisdomTree WTI Crude Oil (CRUD.L) LSE

15.86

+0.523(+3.41%)

Updated at June 03 09:48AM

Currency In USD

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/A

Description

WisdomTree WTI Crude Oil is a fully collateralised, UCITS eligible Exchange Traded Commodity (ETC) designed to provide investors with a total return exposure to WTI Crude Oil futures contracts. The ETC aims to replicate the Bloomberg WTI Crude Oil Multi-Tenor 4W Total Return Index (BCLMT4T) by tracking the Bloomberg WTI Crude Oil Multi-Tenor Excess Return Index and providing the interest revenue adjusted to reflect fees and costs associated with the product. For example, if the Bloomberg WTI Crude Oil Multi-Tenor 4W Total Return Index rises by 1% over a day, then the ETC will rise by 1%, excluding fees. However if the Bloomberg WTI Crude Oil Multi-Tenor 4W Total Return Index falls by 1% over a day, then the ETC will fall by 1%, excluding fees.