WisdomTree Soybeans (SOYB.L) LSE
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Address
3 Lombard Street
London, EC3V 9AA
United Kingdom of Great Britain and Northern Ireland (the)
Phone
44-20-7448-4330
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
January 01, 2008
WisdomTree Soybeans is an Exchange Traded Commodity (ETC), fully backed by assets and meeting UCITS eligibility criteria. It is designed to offer investors a comprehensive return reflective of Soybean futures contracts. The ETC aims to replicate the performance of the Bloomberg Commodity Soybeans Subindex 4W Total Return Index (BCOMSY4T) by tracking the Bloomberg Soybeans Sub Excess Return Index and integrating interest income, adjusted for all product-related fees and costs. This means that a 1% increase or decrease in the Bloomberg Commodity Soybeans Subindex 4W Total Return Index on any given day will typically lead to an equivalent 1% change in the ETC's value, before accounting for fees.