WisdomTree launches industrial metals and energy ETCs

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 ...