WisdomTree Copper 2x Daily Leveraged (LCOP.L) LSE
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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
The WisdomTree Copper 2x Daily Leveraged is a fully collateralized Exchange Traded Commodity (ETC) designed to offer investors magnified exposure to copper prices. This instrument aims to deliver a total return equivalent to double the daily performance of the Bloomberg Copper Sub Excess Return Index (BCOMHG), further enhanced by interest revenue and adjusted for associated product fees and expenses. For example, should the Bloomberg Copper Sub Excess Return Index appreciate by 1% over a single day, the ETC would typically see a 2% increase, prior to fees. Conversely, a 1% decline in the index over the same period would lead to a corresponding 2% decrease in the ETC's value, before accounting for fees.