WisdomTree Brent Crude Oil GBP Daily Hdg invests in a diversified set of Brent Crude Oil futures contracts by holding three different contract months beyond the nearest delivery month, each equally weighted at about one-third of the portfolio. These positions are regularly adjusted every month to maintain equal distribution among the three futures contracts, ensuring the fund closely follows the performance of Brent Crude Oil by spreading investments across multiple contract tenors.
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commoditiesbrent crudebloomberg brent crude oil multi-tenor index