WisdomTree Brent Crude Oil - GBP Daily Hedged

The fund aims to provide investors with total return exposure to Brent Crude Oil futures contracts currency hedged in GBP, tracking the Bloomberg Brent Crude Oil Multi-Tenor GBP Daily-Hedged Total Return Index.

The fund tracks an equal-weight basket with 3 tenors of Brent Crude Oil futures curve beyond the nearby contract, while incorporating a currency hedge against movements in the GBP/USD exchange. The currency hedge is rebalanced daily, with index component weights reset monthly to 33.33%.

Investors should be aware of market risk, liquidity risk, counterparty risk, and credit risk associated with this fund. The value of securities in the fund is directly affected by the value of the Index, and there is a possibility of losing some or all of the amount invested. Additionally, the fund is not a UCITS product, and there is a reliance on swap counterparties for the fund to achieve its investment policy.

https://www.wisdomtree.eu/en-gb/products/ucits-etfs-unleveraged-etps/commodities/wisdomtree-brent-crude-oil---gbp-daily-hedged