WisdomTree Copper 1x Daily Short (SCOP ETC) It is designed to enable investors to obtain “short-term” exposure to the total return on investment in copper futures contracts By tracking the Bloomberg Copper Subindex (index) and providing a security return.
A short daily exposure means that the product is designed to reflect minus once the percentage daily change in the index level. For example, if an index is going to rise in value by 5% on a given day, the goal of the product is to reduce the value by 5% on that day (minus fees and charges). WisdomTree Copper 1x Daily Short It is a commodity that is traded on an exchange (“ETC”). It is not a UCITS product.
The securities in this ETC are organized as promissory notes and not as shares (equity) and can be created and redeemed at the request of authorized participants and traded on the exchange just like shares in a company. ETC is supported by swaps. The payment obligations of the swap parties to the issuer are protected by collateral that is maintained on a daily basis. The security is kept in segregated accounts at Bank of New York Mellon.
Total return on the Bloomberg Copper Index
The index is designed to reflect the movement in copper futures prices used in the Bloomberg Commodity Index which are constantly cycled on a predetermined schedule. The return on each trading day, excluding fees and expenses, will be positive when the index decreases compared to the end of the previous day and negative when the index rises compared to the end of the previous day.
Short ETC is only for investors who understand the risks of investing in ETC with short exposure and who intend to invest in the short term. Each investment in a short ETC period should be monitored daily to ensure alignment with your investment strategy. See the “Risk Factors” section of the relevant prospectus for more information on these and other risks associated with investing in a short-term ETC. You should consult an independent investment advisor before making an investment in a short ETC to determine if it is appropriate for your circumstances.
SCOP . ETF Trading
wyesdomTree Copper 1x Daily Short (SCOP ETC) A commodity that is traded on the stock exchange and is traded on the London Stock Exchange.
The London Stock Exchange is a market that a few Swedish banks and online brokers provide access to Dejero Do it.
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