WisdomTree Broad Commodities 1x Daily Short (SALL.L) LSE
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
Currency In USD
Address
3rd Floor, 44 Esplanade
St Helier, JE4 9WG
Jersey
Phone
44-20-7448-4330
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
February 22, 2008
The WisdomTree Broad Commodities 1x Daily Short is a fully collateralized Exchange Traded Commodity (ETC), structured to provide investors with a bearish (short) position on a diverse range of commodities. Its total return is calibrated to move inversely, delivering negative one times (-1x) the daily price fluctuations of the Bloomberg Commodity Excess Return Index (BCOM). This return also incorporates any earned interest revenue, after deducting all product-related fees and expenses. To illustrate, if the Bloomberg Commodity Excess Return Index advances by 1% in a day, the ETC's value is designed to decline by 1% (before fees). Conversely, a 1% retreat in the index over the same timeframe would typically see the ETC's value increase by 1% (prior to fee deductions).