WISDOMTREE GRAINS USD
The commodity is designed to enable investors to gain an exposure to a total return investment in a basket of commodity futures by tracking the Dow Jones-UBS Grains SubindexSM (the "Index") and providing a collateral yield.
Price
4.311p
CHARGE PER TRADE
£4.95
TODAY'S CHANGE
0.76%
OCF
0.99%
YIELD
0%
1 YEAR
-Prices as at 08 Dec 2023.
We don’t currently provide commentary on this fund.
Past performance is not an indication of future performance.
Capital at risk.
WisdomTree Grains (1688) is designed to enable investors to gain an exposure to a total return investment in a basket of commodity futures by tracking the Bloomberg Grains Subindex plus a collateral return. 1688 is an Exchange Traded Commodity ("ETC") that can be created and redeemed on demand (by Authorised Participants). It trades on exchanges just like an equity and its pricing and tracking operates similarly to an Exchange Traded Fund. The ETC is backed by contracts (fully funded swaps) with counterparties whose payment obligations are backed by collateral which is marked to market daily. The collateral is held in pledge accounts at The Bank of New York Mellon.
Fund summary
| Sector | |
|---|---|
| Structure | ETP |
| Launched | September 2006 |
| Size | £19m |
| Yield | 0% |
| Dividends paid | Accumulation units only |
Charges
| Annual Management Charge | 0.49% |
|---|---|
| Ongoing Charges Figure | 0.99% |
The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.
Past performance is not a guide to future performance. View full risk warning