WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF EUR H

The Fund seeks to track the performance, before fees and expenses of the Morgan Stanley RADAR ex Agriculture & Livestock Commodity Total Return Index. The share class seeks to deliver exposure to the index while at the same time neutralising exposure to fluctuations of the Euro against US Dollar, by implementing a FX hedging methodology. The Index is designed to provide a broad and diversified UCITS compliant commodity exposure, tracking the performance of a basket of commodities indices covering 3 sectors: Energy, Industrial Metals and Precious Metals. The Index achieves exposure to each commodity through investment in the relevant S&P GSCI Dynamic Roll Indices (for Platinum and Palladium, the front-month S&P GSCI Platinum and Palladium indices are used), which use an optimised roll mechanism to maximise the implied roll yield. The Index is rebalanced on a quarterly basis. The energy, industrial and precious metals sectors are equally-weighted quarterly. The target weight of each index component is derived based on the supply and demand characteristics of each commodity and those with the higher expectation to be in backwardation will receive a higher target weight. The risk of not achieving the objective increases if the product is not held for the recommended holding period specified below The Fund will gain indirect exposure to the index components through the use of swaps. By entering into swap agreements with one or more banks whereby the Fund receives payments from the bank when the Index goes up and the Fund makes payments to the bank when the Index goes down. By using swaps, the Fund can efficiently track the upward or downward performance of the Index. The Fund pays certain fees and expenses to the bank(s) for entering into the swaps. The use of swaps results in the management of cash and collateral by the Fund's investment manager. The Fund may enter into repurchase/reverse repurchase agreements and stock lending arrangements solely for the purposes of ef

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No