LBRTWisdomTree Brent Crude Oil 2x Daily Leveraged
ISIN: JE00BDD9QD910,98 %
Management Fee (MER)
Au 03/07/2026
21 février 2012
Date de lancement
14 480 351 $US
AUM du fonds
Au 03/07/2026
USD
Devise de base
Vue d'ensemble
Description du produit
WisdomTree Brent Crude Oil 2x Daily Leveraged est un produit négociable en bourse (Exchange-Traded Commodity, ETC) qui réplique l’indice Bloomberg Brent Crude Oil SL Total Return, offrant de levier sur fois la performance quotidienne de l’indice Bloomberg Brent Crude Oil SL Total Return Index, ajustée pour refléter les frais et les coûts inhérents au maintien d'une position à effet de levier sur les actions. Par exemple, si le Bloomberg Brent Crude Oil SL Total Return Index augmente de 1 % sur une journée, alors l' ETC va baisser de 2%, hors frais. Cependant, si l’indice Bloomberg Brent Crude Oil SL Total Return Index baisse de 1% sur une journée, alors l' ETC va augmenter de 2%, hors frais.
Pourquoi LBRT?
- Gain a leveraged exposure to the performance of Brent Crude Oil.
- Magnify your returns in one simple trade.
- Fully collateralised.
- Transparent performance and fees.
- Easy to invest: All in one investment product which does not require the investor to manage storage, insurance or delivery of Brent Crude Oil.
- Risk Management: You cannot lose more than the amount invested.
- Liquidity: Trades on exchange, with multiple authorised participants (APs) and market makers (MMs).
Risques potentiels
- An investment in an ETP involves a degree of risk. Any decision to invest should be based on the information contained in the relevant prospectus. Prospective investors should obtain independent accounting, tax and legal advice and should consult their professional advisers to ascertain the suitability of this ETP as an investment to their own circumstances.
- This ETP is structured as a debt security and not as shares (equity) and can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company. This ETP is not a UCITS product.
- Investing in Short and Leveraged ETPs is only suitable for sophisticated and or informed investors who understand leverage, daily rebalancing and compounded daily returns and are willing to magnify potential losses. Short and Leveraged ETPs are only intended for investors who understand the risks involved in investing in an ETP with short or leveraged exposure and who intend to invest on a short term basis. Any investment in a short or leveraged ETP should be monitored on a daily basis to ensure consistency with your investment strategy. You should understand that investments in daily leveraged ETPs held for a period of longer than the recommended holding period of one day, may not provide returns equivalent to the return from the relevant unleveraged investment multiplied by the relevant leverage factor over the same period. Daily compounding may result in returns which an investor may not expect, if the investor has not fully understood how a daily leveraged ETP works. Potential losses in leveraged ETPs may be magnified in comparison to investments that do not incorporate leverage. In extreme volatility, returns of leveraged ETPs, even over one day, may under-perform the return of the underlying unleveraged index multiplied by the ETP’s leverage factor because of protection mechanisms within the ETP structure, intended to protect against intra-day market crashes. For more information see here.
- Market Risk: The value of securities in this ETP is directly affected by increases and decreases in the value of the Index. Accordingly, the value of a security may go up or down and a security holder may lose some or all of the amount invested but can not lose more than the amount invested.
- Liquidity risk: There can be no certainty that securities can always be bought or sold on a stock exchange or that the market price at which the securities may be traded on a stock exchange will always accurately reflect the performance of the Index.
- Currency Risk: The price of securities in this ETP is generally quoted in USD. To the extent that a security holder purchases securities in another currency, the value will be affected by changes in the exchange rate.
- Counterparty risk: The Issuer is reliant on there being swap counterparties available to enter into swap agreements on a continuing basis and, if no swap counterparties are willing to do so, the ETP will not be able to achieve its investment policy of tracking the performance of the Index.
- Credit Risk: The Issuer is subject to the risk that third party service providers may fail to return property or collateral belonging to the Issuer or pay money due to the issuer. The ETP is backed by swaps. The payment obligations of the swap counterparties to the Issuer are protected by collateral held which is marked to market daily. The collateral is held in segregated accounts at The Bank of New York Mellon. In the event a swap counterparty defaults, the proceeds from realisation of the collateral may be less than what the investor expects. Details of the collateral held can be found in the Collateral section of the WisdomTree website (www. Wisdomtree. Com).
- The performance of commodity indices may differ significantly from spot commodity prices, which are often quoted in the financial press, as the spot in itself is not investable. An investment in commodities may experience high volatility and should be considered as a longer term investment.
- Please see the risks factors section of the Prospectus for a more detailed discussion of the potential risks
Articles et documents de recherche
Nitesh Shah
What’s Hot: Oil prices begin pricing the peace
The expected US-Iran MoU has shifted oil market focus from supply disruption to supply recovery. While reopening the Strait of Hormuz could restore oil flows, uncertainties remain around security, insurance and sanctions relief. Iranian production recovery and the UAE's exit from OPEC could boost supply, while weak Asian demand raises the risk of a significant oil surplus emerging in 2027.
- Commodities
Nitesh Shah
What’s Hot: What falling oil Inventories could mean for energy markets
Global oil inventories are falling at a record pace as the Strait of Hormuz disruption removes around 13 million barrels per day of supply. While headline inventories remain high, usable stocks are being depleted rapidly. As inventories approach operational limits, the market's ability to absorb further shocks diminishes, increasing the risk of a sharp spike in oil prices.
- Commodities
- Broad Commodities
Aneeka Gupta
Beijing Without Breakthroughs: What the Trump–Xi Summit Means for Investors
The Trump–Xi Beijing summit delivered managed stability, not structural change. Technology, critical minerals and Taiwan remain unresolved. For investors, two themes stand out: Western supply chain diversification in strategic metals and rare earths, and durable agricultural commodity exposure driven by food security and climate risk, not diplomacy.
- Broad Commodities
- Commodities
- Equities
- US
Nitesh Shah, Aneeka Gupta
Two Shocks, One Direction: The Case for Agricultural Commodities in 2026
Agricultural commodities are re-rating in 2026 as two converging supply shocks — the Iran war's disruption to fertilizer flows through the Strait of Hormuz and a developing El Niño, compress production across grains, oilseeds, and softs simultaneously. 
- Commodities
Informations clés
| Vue d'ensemble du produit | Au 03/07/2026 |
|---|---|
| ISIN | JE00BDD9QD91 |
| Classe d'actifs | Commodities |
| Base / Trading Currency | USD / EUR |
| Date de lancement | 21 février 2012 |
| Couvert contre le risque de change | Non |
| Livraison physique disponible | Non |
| Risque sous-jacent | Pétrole brut (Brent) |
| Ticker Bloomberg de l'indice | BCOSLER |
| Nom de l'indice | Bloomberg Brent Crude SL Excess Return Index |
| Facteur de levier | 2x |
| Valeur liquidative | Au 03/07/2026 |
|---|---|
| NAV | 68,177 $US |
| Variation quotidienne | 0,002 $US |
| Rendement quotidien | 0,003 % |
| AUM total du fonds | 14 480 351 $US |
| AUM de l'émetteur | 8 771 748 964 $US |
| Parts en circulation | 212 393 |
Structure
| Structure | Au 03/07/2026 |
|---|---|
| Forme juridique | Titre de créance |
| Structure juridique | ETC |
| Méthode de réplication | Synthetic - fully funded collateralised swap |
| Domiciliation | Jersey |
| Informations juridiques et fiscales complémentaires | Au 03/07/2026 |
|---|---|
| ISA | Eligible |
| SIPP | Eligible |
| Éligible UCITS | Jurisdictionally dependent |
| Statut de reporting UK | Yes |
| Éligible au PEA | No |
Prestataires de services clés
| Prestataires de services clés | Au 03/07/2026 |
|---|---|
| Émetteur | WisdomTree Commodity Securities Limited |
| Contrepartie | Citigroup Global Markets Limited, Merrill Lynch International |
| Fiduciaire | The Law Debenture Trust Corporation p.l.c. |
| Agent de registre | Computershare Investor Services (Jersey) Ltd |
| Gestionnaire du collatéral | The Bank of New York Mellon |
| Frais | Au 03/07/2026 |
|---|---|
| Management Fee (MER) | 0,98 % |
| Taux de swap quotidien | 0,003562 % |
| Restrike | |
|---|---|
| Seuil de restrike intrajournalier du produit | 35 % |
| Seuil d'événement de gap sévère overnight | N/A |
| Informations sur le restrike du produit | Informations sur le restrike du produit |
Des mouvements de prix défavorables en séance ou overnight peuvent rapidement et significativement réduire la valeur d'un ETP à effet de levier, parfois jusqu'à zéro. Comprendre les mécanismes de restrike est essentiel pour comprendre un risque produit clé.
Pays passeportés
Cotations et codes
| Pays | Bourse | Devise de cotation | Ticker de cotation | Ticker Bloomberg | RIC | SEDOL | ISIN | WKN | Période de règlement | Date de cotation |
|---|---|---|---|---|---|---|---|---|---|---|
| LSE | USD | LBRT | LBRT LN | LBRT.L | BDD9QD9 | JE00BDD9QD91 | A2BC4R | T + 2 | 24/02/2012 | |
| LSE | GBP | 2BRT | 2BRT LN | 2BRT.L | BPRSS07 | JE00BDD9QD91 | A2BC4R | T + 2 | 21/02/2023 | |
| Borsa Italiana | EUR | LBRT | LBRT IM | LBRT.MI | BDD9QX9 | JE00BDD9QD91 | A2BC4R | T + 2 | 30/08/2012 | |
| Xetra | EUR | OOER | OOER GY | OOER.DE | BYVF6H0 | JE00BDD9QD91 | A2BC4R | T + 2 | 31/07/2023 |
Index Details
Bloomberg Brent Crude SL Excess Return Index
Le Bloomberg Brent Crude Subindex est basé sur la composante Pétrole Brent utilisée par le Bloomberg Commodity IndexSM.
Le Sous-indice reflète les fluctuations des contrats à terme sur Pétrole Brent.
Des informations concernant le renouvellement des contrats à terme sont fournies dans le prospectus et dans la méthodologie de constitution de l'indice disponibles sur le site Internet de Dow Jones (www.bloombergindexes.com).
| Index Details | |
|---|---|
| Index Name | Bloomberg Brent Crude SL Excess Return Index |
| Currency | USD |
| Bloomberg Ticker | BCOSLER |
| Reuters Index Ticker | .BCOSLER |
| Index Website | https://www.bloomberg.com/professional/product/indices/bloomberg-commodity-index-family/ |
| Index Constituent Count | 1 |
| Securities | 03/07/2026 |
|---|---|
| Bloomberg Brent Crude SL Excess Return | 100,00 % |
Collateral Details
| Incorporated Country | Weight |
|---|---|
| UNITED STATES | 50,27 % |
| AUSTRIA | 15,98 % |
| NETHERLANDS | 15,12 % |
| GERMANY | 9,72 % |
| FINLAND | 8,91 % |
| Currency | Weight |
|---|---|
| US Dollar | 50,27 % |
| Euro | 49,73 % |
Top 20 Fund Collateral
| Fund | Weight |
|---|---|
| 4 3/8 NOTE C 34 | 11,71 % |
| 0 7/8 NOTE F 30 | 6,09 % |
| NETHERLANDS GOVERN 2.5 15JAN31 144A | 5,01 % |
| BILL 07/28/26 | 4,37 % |
| 2 1/4 BOND 52 | 4,30 % |
| REPUBLIC OF AUSTRI 3.2 20FEB36 144A | 4,19 % |
| NETHERLANDS GOVERN 2.5 15JAN30 144A | 3,71 % |
| BILL 10/29/26 | 3,56 % |
| 2 3/4 NOTE E 32 | 3,45 % |
| REPUBLIC OF AUSTRI 0.5 20FEB29 144A | 3,39 % |
| NETHERLANDS GOVERN 0.0 15JUL30 144A | 2,98 % |
| REPUBLIC OF AUSTRI 0.0 20FEB31 144A | 2,77 % |
| REPUBLIC OF AUSTRI 2.9 20FEB33 144A | 2,40 % |
| FINLAND GOVERNMENT 3.0 15SEP34 144A | 2,35 % |
| 1 7/8 NOTE B 32 | 2,28 % |
| FINLAND GOVERNMEN 2.75 04JUL28 144A | 2,12 % |
| 2 3/8 BOND 42 | 2,01 % |
| BUNDESREPUBLIK DEUTSCH 4.75 04JUL40 | 1,84 % |
| 0 5/8 TRIN D 32 | 1,57 % |
| 2 7/8 BOND 52 | 1,47 % |
Documents
Produit
KID
Prospectus
Réglementaire
AVERTISSEMENTS
Les produits évoqués dans ce document sont émis par WisdomTree Commodity SecuritiesLimited (l’« Émetteur »). L’Émetteur est assujetti à la réglementation de la Jersey Financial Services Commission, la commission de réglementation des services financiers de Jersey. Les investisseurs doivent se référer à la section « Facteurs de risque » du prospectus concerné pour de précisions sur les risques associés à tout investissement dans les titres proposés par l’Émetteur.
Les instruments financiers émis par l’Émetteur sont des engagements directs et à recours limité de l'Émetteur uniquement. Ils ne sont pas des engagements de, ni garantis par, Citigroup Global Markets Limited (« CGML »), Citigroup Global Markets Holdings Inc. (« CGMH »), Merrill Lynch International (« MLI »), Bank of America Corporation (« BAC ») ni aucune de leurs sociétés affiliées. CGML, CGMH, MLI et BAC déclinent toute responsabilité, que ce soit à titre délictuel, contractuel ou autre relativement au présent document ou à son contenu ou en rapport avec celui-ci.
« Bloomberg® » et l’indice/les indices Bloomberg Commodity SM mentionnés dans le présent document sont des marques de service de Bloomberg Finance L.P. et de ses sociétés affiliées, y compris Bloomberg Index Services Limited (« BISL »), l’administrateur des indices (collectivement « Bloomberg ») et font l’objet d’une licence d’utilisation à certaines fins par WisdomTree UK Limited et ses sociétés affiliées autorisées, y compris WisdomTreeCommodity Securities Limited (collectivement « WisdomTree »). Bloomberg n’est pas affilié à WisdomTree, et Bloomberg n’approuve pas, ne cautionne pas, n’examine pas et ne recommande pas le(s) produit(s) négocié(s) en bourse dont il est question ici. Bloomberg ne garantit pas le caractère actuel, exact ou exhaustif des données ou des informations relatives à l’indice/aux indices