CARB/CARP
WisdomTree Carbon
WisdomTree Carbon est un produit négociable en bourse (Exchange-Traded Commodity, ETC) conçu pour offrir aux investisseurs une exposition au rendement total d’un investissement dans des contrats à terme sur le Carbon. L’ ETC réplique l’indice Solactive Carbon Emission Allowances Rolling Futures Total Return (SOLCARBT) et fournit un rendement sur la garantie. Par exemple, si le Solactive Carbon Emission Allowances Rolling Futures Total Return augmente de 1 % sur une journée, alors l' ETC va baisser de 1%, hors frais. Cependant, si l’indice Solactive Carbon Emission Allowances Rolling Futures Total Return baisse de 1% sur une journée, alors l' ETC va augmenter de 1%, hors frais.
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.
- 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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Devise de base | EUR |
Devises couvertes | Non - ce produit n'est pas protégé contre les fluctuations monétaires défavorables. |
Facteur de levier | N/A |
ISIN | JE00BP2PWW32 |
Livraison physique | Non |
Risque sous-jacent | Carbone |
Structure | |
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Domicile | Jersey |
Méthode de duplication | Synthétique - swap entièrement financé |
Forme juridique | Titre de créance |
Structure juridique | ETC |
Further Legal and Tax Information | |
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ISA | Eligible |
SIPP | Eligible |
Securities regulator | Central Bank of Ireland (CBI) |
Securities regulator | Financial Conduct Authority (FCA UK) |
UCITS Eligible | Eligible |
UK Reporting Status | Yes |
Key Service Providers | |
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Fiduciaire | The Law Debenture Trust Corporation p.l.c. |
Émetteur | WisdomTree Commodity Securities Limited |
Registraire | Computershare Investor Services (Jersey) Ltd |
Contrepartie | Citigroup Global Markets Limited, Merrill Lynch International |
Fees | |
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MER | 0.35% |
Droits d'entrée et de sortie | Aucun lorsqu'il est négocié en bourse |
Facteur d'ajustement du capital | % |
Taux swap annuel | 0.45% |
Listings & Codes
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Performance
Benchmark | |
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Month-To-Date (mtd) | -3.40% |
Year-To-Date (ytd) | -10.33% |
1 Year | -21.32% |
2 Year | -32.71% |
Product | |
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Month-To-Date (mtd) | -3.46% |
Year-To-Date (ytd) | -10.73% |
1 Year | -22.00% |
2 Year | -33.83% |
Index
Solactive Carbon Emission Allowances Rolling Futures Total Return Index
The Solactive Carbon Emission Allowances Rolling Futures Total Return Index is designed to reflect the movement in the price of the ICE EUA (European Union Carbon Emission Allowances) futures contract. The index measures total return performance based on the futures price performance, the roll return, and the return of cash collateral such as Euro Short-term Rate (ESTR).
Index Details | |
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Index Name | Solactive Carbon Emission Allowances Rolling Futures Total Return Index |
Index Provider | Solactive |
Index Constituent Count | 1 |
Currency | EUR |
Bloomberg Ticker | SOLCARBT |
Reuters Index Ticker | n.a. |
Index Website |
Security | 28 juin 2024 |
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1. Solactive Carbon Emission Allowances Rolling Futures TR Index | 100.00% |
Collateral Details
Country (weighting) | 28 juin 2024 |
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1. UNITED STATES | 38.37% |
2. GERMANY | 26.17% |
3. FINLAND | 12.49% |
4. NETHERLANDS | 11.77% |
5. AUSTRIA | 11.20% |
Currency (weighting) | 28 juin 2024 |
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1. Euro | 61.63% |
2. US Dollar | 38.37% |
Documents and Links |
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Constituents Top 20 | 28 juin 2024 |
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1. DEUTSCHE BUNDESREPUB 0.5 15APR30 IL | 8.06% |
2. 0 1/2 NOTE V 26 | 7.09% |
3. NETHERLANDS GOVERN 0.0 15JUL31 144A | 5.82% |
4. 1 7/8 NOTE V 27 | 5.67% |
5. REPUBLIC OF AUSTRI 0.0 20FEB31 144A | 5.13% |
6. BUNDESREPUBLIK DEUTSCHL 2.2 15FEB34 | 4.36% |
7. 2 NOTE B 25 | 4.11% |
8. 3 5/8 NOTE J 30 | 3.92% |
9. 3 7/8 BOND 43 | 3.91% |
10. 0 5/8 TRIB 43 | 3.66% |
11. NETHERLANDS GOVERN 2.5 15JAN30 144A | 3.17% |
12. 4 1/4 NOTE V 29 | 3.05% |
13. BUNDESOBLIGATION 2.4 19OCT28 | 2.77% |
14. FINLAND GOVERNMENT 0.5 15SEP28 144A | 2.41% |
15. FINLAND GOVERNME 1.375 15APR27 144A | 2.39% |
16. 0 1/4 NOTE AB 25 | 2.30% |
17. FINLAND GOVERNMENT 1.5 15SEP32 144A | 2.21% |
18. BUNDESREPUBLIK DEUTSCHL 6.5 04JUL27 | 2.14% |
19. BUNDESOBLIGATION 2.2 13APR28 | 2.14% |
20. 2 1/2 NOTE W 27 | 2.11% |
21. REPUBLIC OF AUSTRI 2.9 20FEB34 144A | 2.05% |
22. BUNDESREPUBLIK DEUTSCHL 2.6 15MAY41 | 1.82% |
23. 3 3/8 BOND 42 | 1.77% |
24. FINLAND GOVERNMENT 0.5 15APR43 144A | 1.31% |
25. NETHERLANDS GOVERN 2.5 15JUL34 144A | 1.11% |
Documents
Product
Historical Data
Securities issued by the Issuer are direct, limited recourse obligations of the relevant Issuer alone and are not obligations of or guaranteed by Citigroup Global Markets Limited (“CGML”), Citigroup Global Markets Holdings Inc. (“CGMH”), Merrill Lynch International ("MLI"), Bank of America Corporation ("BAC") or any of their affiliates. Each of CGML, CGMH, MLI and BAC disclaim all and any liability whether arising in tort, contract or otherwise which they might have in respect of this document or its contents otherwise arising in connection herewith.
Solactive AG ("Solactive") is the licensor of Solactive Carbon Emission Allowances Rolling Futures Index (the "Index"). The financial instruments that are based on the Index are not sponsored, endorsed, promoted or sold by Solactive in any way and Solactive makes no express or implied representation, guarantee or assurance with regard to: (a) the advisability in investing in the financial instruments; (b) the quality, accuracy and/or completeness of the Index; and/or (c) the results obtained or to be obtained by any person or entity from the use of the Index. Solactive reserves the right to change the methods of calculation or publication with respect to the Index. Solactive shall not be liable for any damages suffered or incurred as a result of the use (or inability to use) of the Index.