Description

The WisdomTree Agriculture 2x Daily Leveraged is a fully collateralized Exchange Traded Commodity (ETC) designed to give investors magnified exposure to the agriculture sector. It aims to achieve a total daily return that is double the performance of the Bloomberg Agriculture Sub Excess Return Index (BCOMAG). This return also includes any interest earned, less the product's various fees and expenses. For instance, if the Bloomberg Agriculture Sub Excess Return Index increases by 1% in a single day, the ETC would typically see a 2% increase, before charges. Conversely, a 1% drop in the index over a day would generally lead to a 2% decrease in the ETC's value, excluding costs.