WisdomTree Copper 1x Daily Short
UMushroom community rating:
0.00
0 votes
No rating yet
NegativeNeutralPositive
General Objective
The fund is designed to provide investors with a short exposure to Copper. The ETC aims to provide a total return comprised of -1 times the daily performance of the Bloomberg Copper Sub Excess Return Index, adjusted for fees and costs associated with the product.
Fund Exposure
The fund is exposed to the movement in the price of copper futures contracts used in the Bloomberg Commodity Index, continuously rolled on a pre-determined schedule. The Index reflects positive returns when falling relative to the previous day's close, and negative returns when rising relative to the previous day's close.
Risks
Investing in short ETCs involves risks and is suitable for investors who understand the risks involved and intend to invest on a short-term basis. Daily monitoring is recommended to ensure consistency with investment strategy. Risks include potential losses, daily compounding effects, and magnified losses in extreme volatility. Investors should consult with an independent investment adviser before investing in a short ETC.