Overview
Description
WT Enhanced Commodity Strategy Fund Euro Hedged is an investment fund designed to provide exposure to a diversified portfolio of commodities while minimizing currency risk. The primary function of this fund is to track the performance of an index that represents a broad spectrum of commodities, ranging from energy products to precious and base metals, agricultural goods, and livestock. By employing a strategy that incorporates futures contracts and other derivatives, the fund seeks to deliver returns that reflect the movements in commodity prices.
A notable feature of this fund is its currency hedging strategy, specifically targeting the euro, which helps mitigate the impact of currency fluctuations on returns for European investors. This allows investors who are based in, or have liabilities in, euros to maintain exposure to global commodities without being overly influenced by the exchange rate volatility between the euro and other major currencies like the U.S. dollar.
The WT Enhanced Commodity Strategy Fund Euro Hedged is significant in the market as it offers a hedge against inflation and potential diversification benefits, while providing a tactical investment option for those seeking to capitalize on changes within commodity markets.
About
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Website
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Instrument type
ETF
Country
Germany
MIC code
XETR