Description

WisdomTree Brent Crude Oil 1x Daily Short is a fully collateralised Exchange Traded Commodity (ETC) designed to provide investors with a short exposure to Brent Crude Oil . The ETC provides a total return comprised of -1 times the daily performance of the Bloomberg Brent Crude Oil SL Excess Return Index (BCOSLER), plus the interest revenue adjusted to reflect fees and costs associated with the product. For example, if the Bloomberg Brent Crude Oil SL Excess Return Index rises by 1% over a day, then the ETC will fall by 1%, excluding fees. However if the Bloomberg Brent Crude Oil SL Excess Return Index falls by 1% over a day, then the ETC will rise by 1%, excluding fees.