WisdomTree Soybeans - EUR Daily Hedged (ESOY.MI)

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The WisdomTree Soybeans - EUR Daily Hedged is a fully collateralized Exchange Traded Commodity (ETC), compliant with UCITS regulations. Its purpose is to offer investors comprehensive exposure to Soybeans futures contracts, with the currency risk actively hedged against the Euro on a daily basis. This ETC endeavors to replicate the total return of the Bloomberg Soybeans Sub Euro Hedged Daily Total Return Index (BUSYDET). It achieves this by tracking the Bloomberg Soybeans Sub Euro Hedged Daily Excess Return Index and integrating interest income, adjusted for all applicable product fees and operational costs. Consequently, the ETC's daily performance is designed to closely mirror that of its underlying index: for example, a 1% gain in the Bloomberg Soybeans Sub Euro Hedged Daily Total Return Index over a day would correspond to a 1% gain in the ETC, and similarly, a 1% loss would result in a 1% loss for the ETC, in both cases before the impact of fees.