WisdomTree WTI Crude Oil 1x Daily Short (SOIL.L) LSE
Currency In USD
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WisdomTree WTI Crude Oil 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
WisdomTree's WTI Crude Oil 1x Daily Short is a fully collateralized Exchange Traded Commodity (ETC) designed to provide investors with inverse daily exposure to WTI Crude Oil. Its total return aims to reflect -1 times the daily performance of the Bloomberg WTI Crude Oil SL Excess Return Index (BCLSLER), plus any net interest revenue after accounting for the product's fees and costs. For instance, if the BCLSLER index rises by 1% on a given day, the ETC's value is expected to fall by 1%; conversely, a 1% decline in the index should result in a 1% gain for the ETC, disregarding fees in these specific examples.