WisdomTree Enhanced Commodity UCITS ETF USD Acc (WCOB.L) LSE

Currency In GBp

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WisdomTree Enhanced Commodity UCITS ETF USD Acc

Address

25 North Wall Quay

Dublin, D01 H104

Ireland

Phone

353-1800-000-036

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

April 27, 2016

Key Executives

N/A
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Description

The WisdomTree Enhanced Commodity UCITS ETF, also known as "the Fund," aims to closely mirror the returns of the WisdomTree Enhanced Commodity Total Return Index, prior to accounting for any charges or operational costs. This benchmark Index is constructed to offer comprehensive and varied access to futures contracts across a range of commodities. It utilizes a sophisticated, multi-factor approach primarily focused on enhancing the profit generated from the periodic rolling over of these futures contracts. To achieve this, the Fund invests its capital in US Treasury Bills and then leverages total return swap agreements, which are financial instruments designed to deliver the Index's performance. For security, these swap contracts are backed by collateral on a daily basis, and their terms are recalibrated monthly.

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