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WisdomTree Petroleum

ETF

ISIN GB00B15KYC19 / Valor 2726106

NAV (2024-12-30)
USD 19.22+0.74%

WisdomTree Petroleum
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General Objective

The fund is a fully collateralised, UCITS eligible Exchange Traded Commodity (ETC) designed to provide investors with total return exposure to a basket of Petroleum futures contracts, aiming to replicate the Bloomberg Petroleum Sub Total Return Index by tracking the Bloomberg Petroleum Sub Excess Return Index.

Fund Exposure

The fund is exposed to the movement in the price of futures contracts of petroleum commodities such as Brent Crude, Crude Oil, Heating Oil, and RBOB Gasoline. These contracts are continuously rolled on a pre-determined schedule to maintain exposure to the commodities. The fund's value is impacted by the roll yield, which can be positive or negative depending on market trends like contango or backwardation.

Risks

Investors should be aware of the risks associated with this fund, including market risk, liquidity risk, counterparty risk, and credit risk. The value of securities in the fund is directly affected by the Index, and there is a possibility of losing some or all of the amount invested. Additionally, there is a risk of not being able to buy or sell securities on the stock exchange accurately reflecting the Index's performance, as well as the reliance on swap counterparties for the fund's investment policy.

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Source

https://www.wisdomtree.eu/de-de/products/short-leveraged-etps/commodities/wisdomtree-petroleum-2x-daily-leveraged

Tags:
bloomberg commodity index futures petroleum

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