WisdomTree Zinc - EUR Daily Hedged (EZNC.MI)

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The WisdomTree Zinc - EUR Daily Hedged is a fully collateralized, UCITS-eligible Exchange Traded Commodity (ETC) designed to offer investors comprehensive exposure to Zinc futures contracts, with its value also hedged daily against the Euro. This ETC strives to accurately replicate the performance of the Bloomberg Zinc Sub Euro Hedged Daily Total Return Index (BUZSDET). It achieves this by tracking the Bloomberg Zinc Sub Euro Hedged Daily Excess Return Index and incorporating interest income, after accounting for all associated product fees and expenses. Consequently, the ETC's daily percentage movements are intended to mirror those of its benchmark index; for instance, a 1% gain in the Bloomberg Zinc Sub Euro Hedged Daily Total Return Index would typically result in a 1% increase for the ETC (before fees), and conversely, a 1% decline in the index would lead to a corresponding 1% loss for the ETC (before fees).