Description

The WisdomTree Cocoa 2x Daily Leveraged is a fully collateralised Exchange Traded Commodity (ETC) designed to provide investors with amplified exposure to the cocoa market. Its total return is structured to deliver twice the daily movement of the Bloomberg Cocoa Sub Excess Return Index (BCOMCC), along with any accrued interest income, net of applicable fees and operational expenses. For instance, a 1% daily increase in the BCOMCC index would typically result in a 2% gain for the ETC, prior to fees. Conversely, a 1% daily decline would lead to a 2% loss for the ETC, also before considering charges.