WisdomTree Energy Longer Dated (ENEF.L)

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The WisdomTree Energy Longer Dated is an Exchange Traded Commodity (ETC) that offers investors a fully collateralised and UCITS eligible avenue to gain total return exposure to a diverse basket of Energy futures contracts. Its core objective is to mirror the performance of the Bloomberg Commodity Energy Subindex 3 Month Forward 4W Total Return Index (BCOME3T4). This is achieved by tracking the Bloomberg Energy Sub 3 Month Forward Excess Return Index while also incorporating interest revenue, net of the product's associated fees and costs. Consequently, the ETC is designed to reflect the daily movements of its benchmark directly. For instance, a 1% increase or decrease in the Bloomberg Commodity Energy Subindex 3 Month Forward 4W Total Return Index on any given day should typically result in a corresponding 1% increase or decrease in the ETC's value, prior to the deduction of fees.