WisdomTree Natural Gas 1x Daily Short (SNGA.L)

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This completely collateralized Exchange Traded Commodity (ETC), named WisdomTree Natural Gas 1x Daily Short, is designed to provide investors with an inverse position against Natural Gas price movements. Its objective is to generate a total return that mirrors negative one times (-1x) the daily performance of the Bloomberg Natural Gas SL Excess Return Index (BNGSLER). This overall return incorporates any interest income earned, after accounting for all product-related fees and operational expenses. For illustration, if the Bloomberg Natural Gas SL Excess Return Index gains 1% in a single day, the ETC is expected to lose 1%, prior to fees. Conversely, should the index decline by 1% on a given day, the ETC would typically increase by 1%, before fee deductions.