WisdomTree Brent Crude Oil 1x Daily Short
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General Objective
The fund aims to provide investors with a short exposure to Brent Crude Oil, offering a total return comprised of -1 times the daily performance of the Bloomberg Brent Crude Oil SL Excess Return Index, adjusted for fees and costs associated with the product.
Fund Exposure
The fund is primarily exposed to commodities, specifically the 2nd front-month Brent crude oil futures contracts. It reflects the movement in the price of these contracts, continuously rolled on a pre-determined schedule. The ETC returns will be positive when the Index falls relative to the previous day's close, and negative when the index rises relative to the previous day's close.
Risks
Investing in this fund involves risks associated with short exposure and daily rebalancing. Short ETCs are intended for investors who understand the risks involved and who plan to invest on a short-term basis. Potential losses may be magnified due to leverage, and daily compounding may result in unexpected returns if the investor does not fully comprehend how a daily leveraged ETP works. It is recommended to monitor investments daily and seek advice from an independent investment adviser before investing in this fund.