WisdomTree launches industrial metals and energy ETCs

TERs of 0.40%

Tom Eckett
Chris Gannatti of WisdomTree

Chris Gannatti of WisdomTree

WisdomTree has launched two enhanced exchange-traded commodities (ETCs), offering investors exposure to industrial metals and energy.

The Boost Enhanced Industrial Metals ETC (META) and the Boost Enhanced Energy ETC (BENE) are listed on the London Stock Exchange, each with a total expense ratio (TERs) of 0.40%. The ETFs will adopt an optimised roll mechanism that aims to minimise potential losses arising from commodity future contracts in contango or to maximise the benefit from contracts in backwardation. A roll is when a futures contract is switched from the front month contract that is close to expiration to another contract in a further-out month. META tracks the Optimised Roll Industrial Metals Total Return ...

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