WisdomTree Heating Oil (HEAT.L) LSE
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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 Heating Oil is a UCITS-compliant, fully collateralized Exchange Traded Commodity (ETC) structured to provide investors with comprehensive returns tied to Heating Oil futures contracts. This ETC's primary objective is to precisely track the Bloomberg Commodity Heating Oil Subindex 4W Total Return Index (BCOMHO4T). It achieves this by monitoring the Bloomberg Heating Oil Sub Excess Return Index and integrating any accrued interest, after accounting for all associated fees and operational costs. Therefore, the ETC's daily value is designed to directly reflect the index's performance: a 1% increase or decrease in the Bloomberg Commodity Heating Oil Subindex 4W Total Return Index over a day would typically result in a corresponding 1% change in the ETC's value, before any fees are applied.