WisdomTree Corn 2x Daily Leveraged (LCOR.L) LSE

Currency In USD

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WisdomTree Corn 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
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Description

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.

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