WisdomTree Hedged Metal Securities Limited (EUR)
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- The "implied Net Asset Value" ("NAV") of WisdomTree Currency-Hedged Metal Securities is based on the previous day's Metal Entitlement multiplied by futures benchmark price (COMEX for Gold) adjusted by and Exchange for Physical. “Exchange for Physical” is a value determined in respect of a particular day and is intended to represent the cost as of such day of entering into and simultaneously exchanging a privately negotiated futures position in a particular type of Bullion for a physical position in that Bullion (an “Exchange for Physical Transaction”). The Exchange for Physical value is determined by MS&Co (or one or more of its Affiliates) in its discretion taking into account such market and other factors that it or its employees considers relevant to determining such value in respect of the particular day. MS&Co periodically publish details of the historic price at which the Exchange for Physical Transactions are carried out in respect of each Index on the MSPM Website.
- For a list of allocated metal bars held by the Custodian for WisdomTree Hedged Metal Securities Limited, please click here.