Description

This fully collateralised Exchange Traded Commodity (ETC), known as WisdomTree Aluminium 2x Daily Leveraged, is designed to provide investors with amplified exposure to Aluminium's price fluctuations. Its overall return is calculated by multiplying the daily performance of the Bloomberg Aluminum Sub Excess Return Index (BCOMAL) by two, and then adjusting for interest revenue, fees, and other associated costs. For instance, if the Bloomberg Aluminum Sub Excess Return Index gains 1% in a single day, the ETC aims to increase by 2%, pre-fees. Conversely, a 1% drop in the index over the same period would lead to a 2% decline in the ETC's value, before charges.