WisdomTree Corn 2x Daily Leveraged (LCOR.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
This fully collateralised WisdomTree Exchange Traded Commodity (ETC) is engineered to provide investors with amplified daily exposure to Corn. It aims to deliver a total return equivalent to twice the daily performance of the Bloomberg Corn Sub Excess Return Index (BCOMCN), supplemented by interest revenue, all adjusted for the product's inherent fees and expenses. For clarity, if the Bloomberg Corn Sub Excess Return Index experiences a 1% uplift during a day, the ETC is designed to appreciate by 2%, before accounting for fees. Conversely, a 1% downturn in the index over the same timeframe would typically result in a 2% depreciation for the ETC, prior to any fee deductions.