WisdomTree Enhanced Commodity UCITS ETF - GBP Hedged Acc (WCOM.L) LSE
Currency In EUR
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Currency In EUR
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
August 14, 2018
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.