WisdomTree Coffee 2x Daily Leveraged (LCFE.L) LSE

2.18

-0.0185(-0.84%)

Updated at June 02 04:17PM

Currency In USD

WisdomTree Coffee 2x Daily Leveraged

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

March 11, 2008

Key Executives

N/A

Description

WisdomTree Coffee 2x Daily Leveraged is a fully collateralised Exchange Traded Commodity (ETC) designed to provide investors with a leveraged exposure to Coffee . The ETC provides a total return comprised of 2 times the daily performance of the Bloomberg Coffee Sub Excess Return Index (BCOMKC), plus the interest revenue adjusted to reflect fees and costs associated with the product. For example, if the Bloomberg Coffee Sub Excess Return Index rises by 1% over a day, then the ETC will rise by 2%, excluding fees. However if the Bloomberg Coffee Sub Excess Return Index falls by 1% over a day, then the ETC will fall by 2%, excluding fees.