WisdomTree Enhanced Commodity UCITS ETF - GBP Hedged Acc (WCOM.L) LSE

Currency In GBp

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WisdomTree Enhanced Commodity UCITS ETF - GBP Hedged 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

August 14, 2018

Key Executives

N/A
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Description

The WisdomTree Enhanced Commodity UCITS ETF, referred to as "the Fund," aims to mirror the financial outcomes of the WisdomTree Enhanced Commodity Total Return Index (the "Index"), before accounting for any associated costs and charges. The underlying Index provides broad and diverse exposure to commodity futures, utilizing a multi-factor approach to optimize roll yield. To achieve its index replication objective, the Fund allocates its capital to US Treasury Bills and enters into total return swap agreements. These swaps are backed by daily collateral and undergo a monthly reset. Furthermore, this specific share class incorporates a currency hedging strategy designed to reduce the impact of fluctuations between the British Pound and the U.S. Dollar exchange rates.

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