Description

WisdomTree Brent Crude Oil Longer Dated is a fully collateralised, UCITS eligible Exchange Traded Commodity (ETC) designed to provide investors with a total return exposure to Brent Crude Oil futures contracts. The ETC aims to replicate the Bloomberg Commodity Brent Crude Subindex 3 Month Forward 4W Total Return Index (BCMCO3T4) by tracking the Bloomberg Brent Crude Sub 3 Month Forward Excess Return Index and providing the interest revenue adjusted to reflect fees and costs associated with the product. For example, if the Bloomberg Commodity Brent Crude Subindex 3 Month Forward 4W Total Return Index rises by 1% over a day, then the ETC will rise by 1%, excluding fees. However if the Bloomberg Commodity Brent Crude Subindex 3 Month Forward 4W Total Return Index falls by 1% over a day, then the ETC will fall by 1%, excluding fees.