WisdomTree Copper 1x Daily Short (SCOP.L) LSE

Currency In USD

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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/A
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Description

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).

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