What does WisdomTree Aluminium 2x Daily Leveraged invest in?▾
WisdomTree Aluminium 2x Daily Leveraged is a fully collateralised Exchange Traded Commodity (ETC) designed to provide investors with a leveraged exposure to Aluminium . The ETC provides a total return comprised of 2 times the daily performance of the Bloomberg Aluminum Sub Excess Return Index (BCOMAL), plus the interest revenue adjusted to reflect fees and costs associated with the product. For example, if the Bloomberg Aluminum Sub Excess Return Index rises by 1% over a day, then the ETC will rise by 2%, excluding fees. However if the Bloomberg Aluminum Sub Excess Return Index falls by 1%...
