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