WisdomTree Soybean Oil (SOYO.L) LSE
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
Currency In USD
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
This product, known as WisdomTree Soybean Oil, is an Exchange Traded Commodity (ETC). It is fully backed by collateral and meets UCITS eligibility standards. Its primary purpose is to deliver investors a comprehensive total return linked to the performance of Soybean Oil futures contracts. The ETC's core objective is to closely mirror the Bloomberg Commodity Soybean Oil Subindex 4W Total Return Index (BCOMBO4T). It achieves this by tracking the Bloomberg Soybean Oil Sub Excess Return Index, while also incorporating accrued interest income and deducting any relevant product fees and operating costs. To illustrate its performance alignment, should the BCOMBO4T index rise or fall by 1% in a single day, the ETC is structured to experience a similar 1% change, prior to the application of its own fees.