WisdomTree Energy Transition Metals ETC (NRGT)

Profile

https://oci-global.com

WisdomTree Energy Transition Metals ETC is a fully collateralised, UCITS eligible Exchange Traded Commodity designed to track the performance of the WisdomTree Energy Transition Metals Commodity Index. This index provides exposure to a diversified basket of metal commodities essential for energy transition technologies, including electric vehicles, transmission infrastructure, charging systems, energy storage, solar, wind, and hydrogen production. Key components encompass copper, aluminum, nickel, silver, zinc, lead, tin, platinum, cobalt, and lithium, with weights determined by an Intensity Rating that assesses exposure and growth metrics in these applications. Individual commodity weights are capped at 40% during rebalances. The ETC employs a synthetic replication method via fully collateralised swaps, ensuring physical backing while offering total return exposure in USD. Domiciled in Ireland and launched in 2022, it serves as a targeted vehicle for accessing industrial metals linked to sustainable energy advancements within the commodities market.