WisdomTree Natural Gas - EUR Daily Hedged (ENGS.MI)

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The WisdomTree Natural Gas - EUR Daily Hedged is a fully backed Exchange Traded Commodity (ETC) that complies with UCITS regulations. Its purpose is to provide investors with comprehensive total return exposure to natural gas futures contracts, with the investment also being hedged daily against Euro currency fluctuations. This ETC endeavors to mirror the performance of the Bloomberg Natural Gas Sub Euro Hedged Daily Total Return Index (BUNGDET). It accomplishes this by tracking the Bloomberg Natural Gas Sub Euro Hedged Daily Excess Return Index and incorporating interest income, adjusted for the product's various fees and expenses. Therefore, if the Bloomberg Natural Gas Sub Euro Hedged Daily Total Return Index gains 1% on any given day, the ETC is designed to increase by 1% as well (before fees). Conversely, a 1% daily drop in the index would lead to a similar 1% reduction in the ETC's value (prior to fees).