WisdomTree Brent Crude Oil 2x Daily Leveraged (LBRT.L) LSE
108.48
-4.175(-3.71%)
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
108.48
-4.175(-3.71%)
Currency In USD
Address
3rd Floor, 44 Esplanade
St Helier, JE4 9WG
Jersey
Phone
44-20-7448-4330
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
February 22, 2012
WisdomTree Brent Crude Oil 2x Daily Leveraged is a fully collateralised Exchange Traded Commodity (ETC) designed to provide investors with a leveraged exposure to Brent Crude Oil . The ETC provides a total return comprised of 2 times the daily performance of the Bloomberg Brent Crude Oil SL Excess Return Index (BCOSLER), plus the interest revenue adjusted to reflect fees and costs associated with the product. For example, if the Bloomberg Brent Crude Oil SL Excess Return Index rises by 1% over a day, then the ETC will rise by 2%, excluding fees. However if the Bloomberg Brent Crude Oil SL Excess Return Index falls by 1% over a day, then the ETC will fall by 2%, excluding fees.