Overview
Description
The Brent Crude Oil Mutual Fund is a financial asset designed to provide investors with exposure to the global crude oil market, primarily focusing on benchmark Brent Crude Oil prices. Its primary function is to allow investors to participate in price movements of Brent crude without the need to directly trade in the physical commodity. This mutual fund invests in a diversified portfolio that may include futures contracts, options, and other derivatives linked to the price of Brent crude oil. These financial instruments help mimic the price movement of Brent crude, which is one of the most widely used global oil price benchmarks. The fund plays a significant role in sectors such as energy, transportation, and manufacturing due to oil’s critical role in fueling industrial activities. By mirroring the performance of Brent crude, this mutual fund offers investors a means to hedge against inflation or diversify their investment portfolio, reflecting the crucial influence of energy prices on global economic conditions.
About
Address
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Phone
+44 20 7355 9810
Website
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Instrument type
ETF
Country
United Kingdom
MIC code
XLON