WisdomTree, listed the WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF (“WXAG”) on the London Stock Exchange and Börse Xetra with a management expense ratio of 0.35%.
Alexis Marinof, Head of Europe, WisdomTree
WXAG offers investors greater flexibility for allocating to broad commodities
In July 2021, WisdomTree listed the EUR hedged share class of the WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF on Börse Xetra.
WXAG seeks to track the performance, before fees and expenses of the Morgan Stanley RADAR ex Agriculture & Livestock Commodity Total Return Index. The Index provides a broad and diversified commodity exposure, covering Energy, Industrial Metals and Precious Metals, including Platinum and Palladium.
Nitesh Shah, Director of Research, Europe, WisdomTree said: “We are currently in a supportive environment for commodities. As the global economic recovery begins to take shape and supply tightens across some raw materials, we have seen many commodities experience strong price gains in 2021 with some hitting multi-year highs.”
Net flows into broad commodity exchange traded products (“ETPs”) globally stand at $10.2 billion year to date. Gaining exposure to commodities has become an increasingly important feature in the investment landscape, as investors become more aware of the importance of raw materials in supporting global economic growth.
Alexis Marinof, Head of Europe, WisdomTree added: “Investors continue to be concerned with inflation and are seeking dynamic strategies to help them navigate financial markets. WXAG builds on our range of enhanced commodities strategies and complements a EUR hedged share class of this ETF already available to European investors who do not want exposure to agriculture and livestock but still want an enhanced commodities strategy.”
|Share Class Name||MER||Exchange||Trading Ccy||Exchange Code||ISIN|
|WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF – USD ACC||0.35%||London Stock Exchange||USD||WXAG||IE00BDVPNS35|
|WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF – USD ACC||0.35%||Börse Xetra||EUR||WAXG||IE00BDVPNS35|