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 focused on commodities, specifically tracking the movement in the price of the 2nd front-month Brent crude oil futures contracts. It is designed to reflect the performance of the Bloomberg Brent Crude Oil SL Excess Return Index, providing investors with a short exposure to Brent Crude Oil.
Risks
Investing in this fund involves risks associated with short exposure and daily performance tracking. Short ETCs are intended for investors who understand the risks involved and who plan to invest on a short-term basis. Potential risks include magnified losses in extreme volatility, daily compounding effects, and the need for daily monitoring to ensure alignment with investment strategy. Investors should consult with an independent investment adviser to assess the suitability of this fund to their circumstances.