Description

WisdomTree Nickel is a fully collateralised, UCITS eligible Exchange Traded Commodity (ETC) designed to provide investors with a total return exposure to Nickel futures contracts. The ETC aims to replicate the Bloomberg Commodity Nickel Subindex 4W Total Return Index (BCOMNI4T) by tracking the Bloomberg Nickel Sub Excess Return Index and providing the interest revenue adjusted to reflect fees and costs associated with the product. For example, if the Bloomberg Commodity Nickel Subindex 4W Total Return Index rises by 1% over a day, then the ETC will rise by 1%, excluding fees. However if the Bloomberg Commodity Nickel Subindex 4W Total Return Index falls by 1% over a day, then the ETC will fall by 1%, excluding fees.