WisdomTree Copper IE (COPR)

Profile

https://oci-global.com

WisdomTree Copper IE is a fully collateralised, UCITS eligible Exchange Traded Commodity (ETC) that provides investors with targeted exposure to the performance of copper prices. Structured as a debt security issued by WisdomTree Multi Asset Issuer PLC and domiciled in Ireland, it employs a synthetic replication method through fully funded collateralised swaps to track the Solactive HG Copper Commodity Futures SL Index. This index reflects the excess return of front-month COMEX High-Grade Copper futures contracts, incorporating monthly rolls and total return including collateral interest revenue. Key features include an annual management fee of 0.49% plus a 0.45% swap rate, USD base currency without hedging against exchange rate fluctuations, and collateral held in segregated accounts at The Bank of New York Mellon with overcollateralisation for risk mitigation. Trading like shares on exchanges with liquidity from market makers and authorised participants, it eliminates the need for investors to handle physical copper storage, insurance, or delivery. WisdomTree Copper IE plays a vital role in commodity markets by enabling efficient access to copper, a critical industrial metal essential for construction, electronics, renewable energy infrastructure, and electric vehicles, amid growing demand from global electrification and supply chain dynamics.