Description

This WisdomTree Gold 2x Daily Leveraged instrument represents a fully collateralized Exchange Traded Commodity (ETC) crafted to offer investors magnified exposure to the value of gold. It specifically aims to replicate, on a daily basis, twice the performance of the Bloomberg Gold Sub Excess Return Index (BCOMGC). The total return delivered to investors incorporates this doubled daily index movement, enhanced by any interest revenue generated, but net of all product-related fees and operational expenditures. As an illustration, if the Bloomberg Gold Sub Excess Return Index experiences a 1% increase over a single day, the ETC's value is projected to climb by 2%, before the deduction of costs. Conversely, a 1% decline in the index during the same period would typically result in a corresponding 2% fall in the ETC's value, disregarding those same expenses.