WisdomTree Natural Gas (NGSP.L) LSE
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Currency In GBp
Address
3rd Floor, 44 Esplanade
St Helier, JE4 9WG
Jersey
Phone
44-20-7448-4330
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
January 02, 2008
WisdomTree Natural Gas operates as a UCITS-compliant, fully collateralised Exchange Traded Commodity (ETC). Its primary objective is to offer investors comprehensive total return exposure to natural gas futures contracts. The ETC endeavors to replicate the performance of the Bloomberg Commodity Natural Gas Subindex 4W Total Return Index (BCOMNG4T). This replication is achieved by tracking the Bloomberg Natural Gas Sub Excess Return Index and integrating the interest revenue, adjusted to reflect the product's associated fees and costs. Consequently, the ETC's daily performance is designed to directly correspond to the index's movements: a 1% increase in the BCOMNG4T index would lead to a 1% increase in the ETC, and similarly, a 1% decrease would result in a 1% fall, in both cases prior to the deduction of applicable fees.