Description

The WisdomTree Brent Crude Oil - GBP Daily Hedged is a fully collateralised Exchange Traded Commodity (ETC), compliant with UCITS regulations. It aims to provide investors with a comprehensive total return exposure to Brent Crude Oil futures contracts, with its currency risk hedged daily in British Pounds. This ETC is designed to mirror the performance of the Bloomberg Brent Crude Oil Multi-Tenor GBP Daily-Hedged Total Return Index (BCOMTTRP). It accomplishes this by tracking the Bloomberg Brent Crude Oil Multi-Tenor GBP Daily-Hedged Excess Return Index, while also incorporating interest revenue, adjusted for all associated product fees and costs. For clarity, if the Bloomberg Brent Crude Oil Multi-Tenor GBP Daily-Hedged Total Return Index experiences a 1% gain or loss over a day, the ETC is structured to reflect an equivalent 1% change, before accounting for fees.