WisdomTree Enhanced Commodity UCITS ETF USD Acc (WCOB.L) LSE
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Address
3 Lombard Street
London, EC3V 9AA
Ireland
Phone
353-1800-000-036
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
April 27, 2016
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.