WTID
WisdomTree Bloomberg WTI Crude Oil
Why Invest?
- Gain exposure to the performance of WTI Crude Oil.
- UCITS eligible and fully collateralised.
- Transparent performance and fees.
- Easy to invest: Everything in one product which does not require the investor to manage storage, insurance or delivery of WTI Crude Oil.
- Risk Management: You cannot lose more than the amount invested.
- Liquidity: Trades on exchange, with multiple authorised participants (APs) and market makers (MMs).
Potential Risks
- An investment in an ETP involves a degree of risk. Any decision to invest should be based on the information contained in the relevant prospectus. Prospective investors should obtain independent accounting, tax and legal advice and should consult their professional advisers to ascertain the suitability of this ETP as an investment to their own circumstances.
- This ETP is structured as a debt security and not as shares (equity) and can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company. This ETP is not a UCITS product.
- Market Risk: The value of securities in this ETP is directly affected by increases and decreases in the value of the Index. Accordingly, the value of a security may go up or down and a security holder may lose some or all of the amount invested but can not lose more than the amount invested.
- Liquidity risk: There can be no certainty that securities can always be bought or sold on a stock exchange or that the market price at which the securities may be traded on a stock exchange will always accurately reflect the performance of the Index.
- Currency Risk: The price of securities in this ETP is generally quoted in USD. To the extent that a security holder purchases securities in another currency, the value will be affected by changes in the exchange rate.
- Counterparty risk: The Issuer is reliant on there being swap counterparties available to enter into swap agreements on a continuing basis and, if no swap counterparties are willing to do so, the ETP will not be able to achieve its investment policy of tracking the performance of the Index.
- Credit Risk: The Issuer is subject to the risk that third party service providers may fail to return property or collateral belonging to the Issuer or pay money due to the issuer. The ETP is backed by swaps. The payment obligations of the swap counterparties to the Issuer are protected by collateral held which is marked to market daily. The collateral is held in segregated accounts at The Bank of New York Mellon. In the event a swap counterparty defaults, the proceeds from realisation of the collateral may be less than what the investor expects. Details of the collateral held can be found in the Collateral section of the WisdomTree website (www. Wisdomtree. Com).
- The performance of commodity indices may differ significantly from spot commodity prices, which are often quoted in the financial press, as the spot in itself is not investable. An investment in commodities may experience high volatility and should be considered as a longer term investment.
- Please see the risks factors section of the Prospectus for a more detailed discussion of the potential risks
Overview
Fund Overview | |
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Base/Trading Currency | USD/EUR |
Bloomberg Ticker | WTID IM |
Index Bloomberg Ticker | BCOMCL |
Index Name | Bloomberg WTI Crude Oil Subindex |
ISIN | IE00BVFZGC04 |
Leverage Factor | N/A |
Structure | |
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Physical Assets | Yes (Collateral) |
Structure | ETC |
Domicile | Ireland |
Replication Method | Fully Collaterised Swap |
Further Legal and Tax Information | |
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ISA | Eligible |
SIPP | Eligible |
UCITS Eligible | Eligible |
UK Fund Reporting Status | Yes |
Key Service Providers | |
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Issuers | WisdomTree Multi Asset Issuer PLC |
Administrator | Apex IFS Limited |
Custodian | Bank of New York Mellon |
Trustee | Law Debenture Trust |
Auditor | Deloitte LLP |
Swap Provider | BNP Paribas Arbitrage SNC |
Market Makers | Market Makers |
Authorised Participants | APs |
Fees | |
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Annual Management Fee Rate | 0.25% |
Annual Swap Rate | 0.41% |
Listings & Codes
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Performance
Product | |
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Month-To-Date (mtd) | -1.12% |
Year-To-Date (ytd) | 20.99% |
1 Year | 23.46% |
2 Year | -2.51% |
3 Year | 63.93% |
4 Year | 171.87% |
5 Year | 37.12% |
Index Details
Bloomberg WTI Crude Oil Subindex
The Bloomberg WTI Crude Oil Subindex is designed to reflect the movement in the price of the WTI Crude Oil futures contracts used in the Bloomberg Commodity Index.
The index measures excess return performance based on the futures price performance and the roll return. However, the ETC provides a total return performance which also includes the interest revenue on the collateralised amount.
Index Details | |
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Index Name | Bloomberg WTI Crude Oil Subindex |
Currency | USD |
Index Provider | Bloomberg |
Bloomberg Ticker | BCOMCL |
Reuters Index Ticker | .BCOMCL |
Leverage Factor | N/A |
Documents and Links |
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Collateral Details
Collateral Details | |
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Collateral Coverage Ratio | 105.0% |
Collateralised | Yes |
Over Collateralised | Yes |
Custodian | Bank of New York Mellon |
Collateral Structure
Documents
Historical Data
“Bloomberg®” and “Bloomberg WTI Crude Oil SubindexSM” are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the indices (collectively, “Bloomberg”) and have been licensed for use for certain purposes by WisdomTree UK Limited and its permitted affiliates including WisdomTree Multi Asset Issuer plc (together, WisdomTree). Bloomberg is not affiliated with WisdomTree, and Bloomberg does not approve, endorse, review, or recommend WisdomTree Bloomberg WTI Crude Oil. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to the Bloomberg WTI Crude Oil SubindexSM.