WisdomTree launches industrial metals and energy ETCs

TERs of 0.40%

Tom Eckett
clock • 1 min read

WisdomTree has launched two enhanced exchange-traded commodities (ETCs), offering investors exposure to industrial metals and energy.

The Boost Enhanced Industrial Metals ETC (META) and the Boost Enhanced Energy ETC (BENE) are listed on the London Stock Exchange, each with a total expense ratio (TERs) of 0.40%. The ETFs will adopt an optimised roll mechanism that aims to minimise potential losses arising from commodity future contracts in contango or to maximise the benefit from contracts in backwardation. A roll is when a futures contract is switched from the front month contract that is close to expiration to another contract in a further-out month. META tracks the Optimised Roll Industrial Metals Total Return ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ETFs

Fixed income ETFs have been popular among investors this year already, with record inflows in the first half of the year.

Growth opportunities in European ETF market despite 'uneven global recovery'

ESG strength in Europe

clock 21 December 2023 • 3 min read
Earlier this year, data from Morningstar revealed that fixed income ETFs in Europe saw record inflows in the first half of 2023, hitting €31bn.

Fixed income ETF popularity grows as higher yields tempt low-cost investors

Attractive for the 'first time in years'

clock 14 December 2023 • 3 min read
Laith Khalaf, head of investment analysis at AJ Bell, said the performance of active funds in the global sector against a passive comparator has been “particularly feeble”, with just a quarter outperforming. This falls to 22% over ten years.

Less than 40% of active equity managers beat average passive alternative in 2023

AJ Bell Manager versus Machine report

Laura Miller
clock 14 December 2023 • 2 min read
Trustpilot