WisdomTree Copper - EUR Daily Hedged (ECOP.MI)

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The WisdomTree Copper - EUR Daily Hedged is an Exchange Traded Commodity (ETC), entirely collateralized and compliant with UCITS regulations. Its core function is to provide investors with a total return exposure to copper futures contracts, featuring a daily Euro currency hedge. This ETC endeavors to precisely track the Bloomberg Copper Sub Euro Hedged Daily Total Return Index (BUHGDET). It achieves this by following the Bloomberg Copper Sub Euro Hedged Daily Excess Return Index and incorporating adjusted interest income, after accounting for all product-related fees and expenses. As an illustration, a 1% upward movement in the Bloomberg Copper Sub Euro Hedged Daily Total Return Index over a day would typically lead to a corresponding 1% increase in the ETC's value, prior to charges. Similarly, a 1% daily decline in the index would result in a comparable 1% decrease in the ETC's value, before fees.