WisdomTree WTI Crude Oil Longer Dated (FCRU.L) LSE
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Address
3rd Floor, 44 Esplanade
St Helier, JE4 9WG
Jersey
Phone
44-20-7448-4330
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
November 12, 2009
The WisdomTree WTI Crude Oil Longer Dated is a fully collateralized, UCITS-eligible Exchange Traded Commodity (ETC) structured to provide investors with comprehensive total return exposure to WTI Crude Oil futures contracts. Its objective is to replicate the performance of the Bloomberg Commodity WTI Crude Oil Subindex 3 Month Forward 4W Total Return Index (BCMCL3T4). This is achieved by tracking the Bloomberg WTI Crude Oil Sub 3 Month Forward Excess Return Index, alongside integrating interest revenue, all adjusted to account for the product's associated fees and costs. Consequently, if the BCMCL3T4 index registers a 1% gain or loss over a day, the ETC is designed to mirror that 1% change, prior to the deduction of its own fees and expenses.