The WisdomTree Wheat - EUR Daily Hedged is a fully backed Exchange Traded Commodity (ETC) that meets UCITS eligibility standards. Its core purpose is to offer investors comprehensive exposure to the returns of Wheat futures contracts, with daily Euro currency hedging. This ETC endeavors to replicate the performance of the Bloomberg Wheat Sub Euro Hedged Daily Total Return Index (BUWHDET). It accomplishes this by tracking the Bloomberg Wheat Sub Euro Hedged Daily Excess Return Index and incorporating interest income, adjusted for the product's inherent fees and costs. As an illustration, if the Bloomberg Wheat Sub Euro Hedged Daily Total Return Index appreciates by 1% within a single day, the ETC is expected to also increase by 1%, before any charges. Conversely, a 1% decline in the index over the same timeframe would lead to an equivalent 1% drop in the ETC, excluding fees.

WisdomTree Wheat - EUR Daily Hedged

WisdomTree Wheat is designed to enable investors to gain an exposure to a total return investment in wheat by tracking the Bloomberg Wheat Subindex (the Index) and providing a collateral yield.

EWAT Stock Price, Chart, Stats & News

EWAT chart

About

Similar securities