WisdomTree Petroleum 2x Daily Leveraged (LPET.L)

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The WisdomTree Petroleum 2x Daily Leveraged is a fully collateralized Exchange Traded Commodity (ETC) structured to provide investors with magnified, double-leveraged exposure to the petroleum market. Its total return aims to replicate twice the daily performance of the Bloomberg Petroleum Sub Excess Return Index (BCOMPE), alongside any accrued interest income, adjusted for product-related fees and expenses. For clarity, if the Bloomberg Petroleum Sub Excess Return Index experiences a 1% gain over a single day, the ETC's value is designed to increase by 2%, before accounting for charges. Conversely, a 1% daily decline in the index would typically lead to a 2% decrease in the ETC's value, excluding applicable fees.