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/A
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Description

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.

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