Description

This fully collateralized Exchange Traded Commodity (ETC) from WisdomTree is designed to offer investors magnified exposure to Nickel. Its total return aims to mirror twice the daily performance of the Bloomberg Nickel Sub Excess Return Index (BCOMNI), factoring in any interest earnings and deducting applicable product fees and costs. For example, a 1% daily rise in the Bloomberg Nickel Sub Excess Return Index would typically result in a 2% increase for the ETC (before fees), while a 1% daily fall in the index would lead to a corresponding 2% decrease in the ETC's value (before fees).