WisdomTree Copper 1x Daily Short (SCOP.L) LSE
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
WisdomTree Copper 1x Daily Short
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
Key Executives
N/ADescription
The WisdomTree Copper 1x Daily Short is a fully collateralized Exchange Traded Commodity (ETC) structured to offer investors inverse exposure to the price movements of Copper. Its objective is to deliver a daily return that precisely reflects the opposite performance of the Bloomberg Copper Sub Excess Return Index (BCOMHG), before accounting for any associated fees or expenses. Additionally, the ETC's total return incorporates any accrued interest, net of these product-related costs. For instance, if the Bloomberg Copper index rises by 1% over a single trading day, the ETC is designed to fall by approximately 1% (prior to fees). Conversely, a 1% decline in the index on a given day would typically lead to a 1% increase in the ETC's value (prior to fees).