WisdomTree Enhanced Commodity UCITS ETF - EUR Hedged Acc (WTEH.DE) XETRA
Currency In EUR
- General
- Statistics
- Historical Data
- Profile
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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 20, 2018
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.