WisdomTree launches enhanced commodity ex-agriculture ETF
WisdomTree launches enhanced commodity ex-agriculture ETF Submitted 12|07|2021 - 9:44am ETF issuer WisdomTree has added to its commodities product range with the launch of WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF EUR Hedged (EXAG) on the Börse Xetra with a management expense ratio of 0.35 per cent. EXAG is designed to track the performance, before fees and expenses of the Morgan Stanley RADAR ex Agriculture Livestock Commodity Total Return Index. The Index provides a broad and diversified commodity exposure, covering Energy, Industrial Metals and Precious Metals, including Platinum and Palladium. Nitesh Shah, Director of Research, Europe, WisdomTree says: This year has seen a resurgence of interest in commodities. A post-covid economic recovery, which will lean on increased infrastructure spending, is starting to take shape along with increased inflationary expectations. Commodities have historically been one of the best inflation hedges, add a supply shortage for important metals used in infrastructure projects like copper, and you have an environment which could see commodities flourish.
WisdomTree launches enhanced commodity ex-agriculture ETF
WisdomTree launches enhanced commodity ex-agriculture ETF Submitted 12|07|2021 - 9:44am ETF issuer WisdomTree has added to its commodities product range with the launch of WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF EUR Hedged (EXAG) on the Börse Xetra with a management expense ratio of 0.35 per cent. EXAG is designed to track the performance, before fees and expenses of the Morgan Stanley RADAR ex Agriculture Livestock Commodity Total Return Index. The Index provides a broad and diversified commodity exposure, covering Energy, Industrial Metals and Precious Metals, including Platinum and Palladium. Nitesh Shah, Director of Research, Europe, WisdomTree says: This year has seen a resurgence of interest in commodities. A post-covid economic recovery, which will lean on increased infrastructure spending, is starting to take shape along with increased inflationary expectations. Commodities have historically been one of the best inflation hedges, add a supply shortage for important metals used in infrastructure projects like copper, and you have an environment which could see commodities flourish.