WisdomTree Commodity Securities Limited (Daily Leveraged)
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- Collateral Yield: The Collateral Yield is the Capital Adjustment before fees, expressed as a percentage rate per annum.
- Capital Adjustment: The Capital Adjustment is a daily rate which represents an accumulation of interest on the underlying cash value of the securities. The Capital Adjustment is announced once a week (generally on Wednesday).
- NAV for Individual 2x Securities: The NAV (Net Asset Value or Price) of each Leveraged Commodity Security is generally calculated in the following way: NAV (as at the last business day) x {1+ Capital Adjustment + [2 x the daily % change in the index]}. The NAV of Individual Securities will be a "true" NAV if the relevant Bloomberg individual commodity feed was sourced on a Pricing Day. If it is not a Pricing Day (due to Holiday or a Market Disruption Day), then the NAV shown will be an indicative NAV. Please refer to the prospectus for more details in respect of the methodology.
- NAV for Individual 3x Securities: The NAV (Net Asset Value or Price) of each Leveraged Commodity Security is generally calculated in the following way: NAV (as at the last business day) x {1+ Capital Adjustment + [3 x the daily % change in the index]}. The NAV of Individual Securities will be a "true" NAV if the relevant Bloomberg individual commodity feed was sourced on a Pricing Day. If it is not a Pricing Day (due to Holiday or a Market Disruption Day), then the NAV shown will be an indicative NAV. Please refer to the prospectus for more details in respect of the methodology.
- Further information relating to each Individual Commodity Index is available on the following website: http://www.bloombergindexes.com/bloomberg-commodity-index-family/