ETFS 1x Daily Short Wheat ETC (SWEA.L)
ETF Summary
ETFS 1x Daily Short Wheat (SWEA) is designed to enable investors to gain a 'short' exposure to a total return investment in wheat futures contracts by tracking the Bloomberg Wheat Subindex (the "Index") and providing a collateral yield. A daily short exposure means that the product is designed to reflect minus one times the daily percentage change in the Index level. For example, if the Index was to rise in value by 5% on a particular day, the product is designed to decrease in value by 5% on that day (minus fees and expenses). SWEA is an exchange traded commodity ("ETC"). It is not a UCITS product. Securities in this ETC are structured as debt securities and not as shares (equity) and can be created and redeemed on demand by authorised participants and are traded on exchange just like shares in a company. The ETC is backed by swaps.
ETF Overview
Category | -- |
Fund Family | WisdomTree Commodity Securities Limited |
Net Assets | 338.29k |
YTD Daily Total Return | 1.63% |
Yield | 0.00% |
Legal Type | Exchange Traded Fund |
ETF Operations
Attributes | SWEA.L | Category Average |
---|---|---|
Annual Report Expense Ratio (net) | 1.03% | -- |
Holdings Turnover | 0.00% | -- |
Total Net Assets | 0.00 | 0.00 |
Morningstar Style Box
Morningstar Style Box Information Not Available