Description

WisdomTree Industrial Metals - GBP Daily Hedged is a fully collateralised, UCITS eligible Exchange Traded Commodity (ETC) designed to provide investors with a total return exposure to Industrial Metals futures contracts currency hedged in GBP. The ETC aims to replicate the Bloomberg Industrial Metals Sub Pound Sterling Hedged Daily Total Return Index (BUINDPT) by tracking the Bloomberg Industrial Metals Sub Pound Sterling Hedged Daily Excess Return Index and providing the interest revenue adjusted to reflect fees and costs associated with the product. For example, if the Bloomberg Industrial Metals Sub Pound Sterling Hedged Daily Total Return Index rises by 1% over a day, then the ETC will rise by 1%, excluding fees. However if the Bloomberg Industrial Metals Sub Pound Sterling Hedged Daily Total Return Index falls by 1% over a day, then the ETC will fall by 1%, excluding fees.