WisdomTree Brent Crude Oil Longer Dated (FBRT.L)

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This UCITS-compliant, fully backed Exchange Traded Commodity (ETC) from WisdomTree offers investors comprehensive exposure to Brent Crude Oil futures contracts. Its primary goal is to mirror the performance of the Bloomberg Commodity Brent Crude Subindex 3 Month Forward 4W Total Return Index (BCMCO3T4). It achieves this by closely tracking the Bloomberg Brent Crude Sub 3 Month Forward Excess Return Index and adding the net interest revenue after accounting for all product-related fees and expenses. Consequently, its daily performance (before fees) is expected to directly correspond to that of its benchmark index. For instance, a 1% increase in the Bloomberg Commodity Brent Crude Subindex 3 Month Forward 4W Total Return Index would typically result in a 1% increase for the ETC, while a 1% decline would lead to a 1% decrease, prior to the deduction of product charges.