Overview
Description
WT Wheat Mutual Fund is an exchange traded commodity product designed to provide investors with exposure to the price performance of wheat. Structured to track the Bloomberg Wheat Subindex, it offers a total return investment approach by incorporating both the spot price movements of wheat and a collateral return. This product is categorized as an Exchange Traded Commodity (ETC), meaning it is backed by fully funded swaps with counterparties, where payment obligations are secured by daily-marked collateral held in pledged accounts at a major custodian bank. WT Wheat Mutual Fund allows for daily creation and redemption by authorized participants and is traded on market exchanges similar to equities, providing liquidity and accessibility. By focusing specifically on wheat as an underlying commodity, it serves investors seeking targeted exposure to the wheat market, facilitating portfolio diversification and potentially serving as a hedge against agricultural price fluctuations. Its role in the financial market centers on enabling efficient, transparent access to commodity price trends without the complexity of managing physical delivery or direct futures contracts.
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