Overview
Description
WisdomTree Soybean Oil is an Exchange Traded Commodity (ETC) that provides investors with targeted exposure to soybean oil prices. Issued by WisdomTree Commodity Securities Limited and domiciled in Jersey, it tracks the Bloomberg Commodity Soybean Oil Subindex 4W Total Return, which reflects the performance of soybean oil futures contracts rolled on a predetermined schedule. This synthetic ETC employs a fully funded collateralized swap replication method, backed by high-quality collateral such as government bonds primarily from the United States and European countries, held in segregated accounts and marked to market daily. Its base currency is USD and it is unhedged against currency movements, structured as a debt security rather than equity. WisdomTree Soybean Oil serves a key role in the commodities market by offering a straightforward way to access the agricultural sector, specifically soybean oil, a vital vegetable oil used in food production, biofuels, and industrial applications. With counterparties including Citigroup Global Markets Limited and Merrill Lynch International, it enables total return investment incorporating price movements and roll yield effects from futures contango or backwardation.
About
Address
Honthorststraat 19
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
Phone
+44 20 7355 9810
Website
Instrument type
ETF
Country
United Kingdom
MIC code
BCXE