WisdomTree Energy Transition Metals (NRGT.L) LSE
Currency In GBp
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- Statistics
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Currency In GBp
Address
,
Ireland
Phone
N/A
Website
N/A
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
May 02, 2022
The WisdomTree Energy Transition Metals is an Exchange Traded Commodity (ETC) that is fully asset-backed and complies with UCITS regulations. Its primary objective is to grant investors comprehensive access to the investment performance of a curated collection of futures contracts linked to metals vital for the energy transition. The ETC's value reflects the daily movements of the WisdomTree Energy Transition Metals Commodity Index (WTETMCTR), adjusted for its inherent charges and expenses. For instance, if the underlying index increases by 1% on a given day, the ETC's value will correspondingly rise by 1%, before factoring in fees. Conversely, a 1% decrease in the index over the same period would result in an equivalent 1% reduction in the ETC's value, also prior to deducting fees.