WisdomTree Enhanced Commodity UCITS ETF - EUR Hedged Acc (WTEH.DE) XETRA

Currency In EUR

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WisdomTree Enhanced Commodity UCITS ETF - EUR Hedged Acc

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 20, 2018

Key Executives

N/A
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Description

The WisdomTree Enhanced Commodity UCITS ETF, or "the Fund," aims to mirror the investment performance of the WisdomTree Enhanced Commodity Total Return Index (the "Index") before accounting for fees and expenses. This Index is constructed to deliver extensive and varied exposure to commodity futures, utilizing a multi-factor methodology with the goal of maximizing its roll yield. The Fund achieves its objective by investing in US Treasury Bills and engaging in total return swaps to replicate the Index's returns. These swaps are collateralized on a daily basis and undergo a monthly reset. Additionally, this particular share class implements a currency hedging strategy to reduce the effects of Euro-to-U.S. Dollar exchange rate fluctuations.

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