EBULWisdomTree Gold - EUR Daily Hedged
ISIN: JE00B4RKQV360.49%
Management Fee (MER)
As of 03/07/2026
12 March 2012
Inception Date
US$25,563,161
Fund AUM
As of 03/07/2026
EUR
Base currency
Overview
Product Description
WisdomTree Gold - EUR Daily Hedged is a fully collateralised, UCITS eligible Exchange Traded Commodity (ETC) designed to provide investors with a total return exposure to Gold futures contracts currency hedged in EUR. The ETC aims to replicate the Bloomberg Gold Sub Euro Hedged Daily Total Return Index (BUGCDET) by tracking the Bloomberg Gold Sub Euro Hedged Daily Excess Return Index and providing the interest revenue adjusted to reflect fees and costs associated with the product. For example, if the Bloomberg Gold Sub Euro Hedged Daily Total Return Index rises by 1% over a day, then the ETC will rise by 1%, excluding fees. However if the Bloomberg Gold Sub Euro Hedged Daily Total Return Index falls by 1% over a day, then the ETC will fall by 1%, excluding fees.
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Fund Overview
| Product Overview | As of 03/07/2026 |
|---|---|
| ISIN | JE00B4RKQV36 |
| Asset Class | Commodities |
| Base Currency | EUR |
| Inception Date | 12 March 2012 |
| Currency Hedged | Yes |
| Physical Delivery | No |
| Underlying exposure | Gold |
| Leverage Factor | N/A |
| Net Asset Value | As of 03/07/2026 |
|---|---|
| NAV | €13.642 |
| Daily Change | €0.000 |
| Daily return | 0.003% |
| Total AUM of fund | US$25,563,161 |
| Issuer AUM | US$366,323,637 |
| Shares Outstanding | 1,637,545 |
Structure
| Structure | As of 03/07/2026 |
|---|---|
| Legal Form | Debt security |
| Legal Structure | ETC |
| Replication Method | Synthetic - fully funded collateralised swap |
| Domicile | Jersey |
| Further Legal and Tax Information | As of 03/07/2026 |
|---|---|
| ISA | Eligible |
| SIPP | Eligible |
| UCITS Eligible | Yes |
| UK Reporting Status | Yes |
Key Service Providers
| Key Service Providers | As of 03/07/2026 |
|---|---|
| Issuer | WisdomTree Hedged Commodity Securities Limited |
| Counterparty | Citigroup Global Markets Limited, Merrill Lynch Commodities Inc. |
| Trustee | The Law Debenture Trust Corporation p.l.c. |
| Registrar | Computershare Investor Services (Jersey) Ltd |
| Collateral Manager | The Bank of New York Mellon |
| Fees | As of 03/07/2026 |
|---|---|
| Management Fee (MER) | 0.49% |
| Annual Swap Rate | 0.67% |
Passported Countries
Listings & Codes
| Country | Exchange | Trading Currency | Exchange Ticker | Bloomberg Ticker | RIC | SEDOL | ISIN | WKN | Settlement Period | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| Borsa Italiana | EUR | EBUL | EBUL IM | EBUL.MI | B75GS30 | JE00B4RKQV36 | A1NZLD | T + 2 | 06/07/2012 | |
| Xetra | EUR | 00XN | 00XN GY | 00XN.DE | BMH60J3 | JE00B4RKQV36 | A1NZLD | T + 2 | 15/03/2012 |
Index Details
Bloomberg Gold Subindex Euro Hedged Daily Total Return
The Index is designed to reflect the movement in the price of the gold futures contracts (that are continuously rolled on a pre-determined rolling schedule) used in the Bloomberg Commodity IndexSM as well as incorporating a currency hedge against movements in the EUR/USD exchange rate. The currency hedge is rebalanced daily. A futures contract is an agreement to purchase a commodity at an agreed price, with delivery and payment to take place at a specified point in the future. Futures contracts are generally disposed of just before the term of the contract expires and new contracts entered into in order to avoid taking actual delivery of the commodity in question (a process known as 'rolling'), so that continuous exposure to the commodity is maintained. The contracts being purchased may be more expensive than the contracts being sold which would cause an investor in commodity futures to make an additional loss. This market trend is known as 'contango'. Alternatively the contracts being purchased may be cheaper than the ones being sold which would result in an additional gain, known as 'backwardation'. This price difference is commonly referred to as "roll yield" . As the roll yield is incorporated into the calculation of the value of the Index, it may therefore have a positive or negative impact on the value of the Index depending on whether there is contango or backwardation. The ETC will also be affected as its value is based upon the value of the Index.
| Index Details | |
|---|---|
| Index Name | Bloomberg Gold Subindex Euro Hedged Daily Total Return |
| Currency | EUR |
| Index Provider | Bloomberg |
| Bloomberg Ticker | BUGCDET |
| Reuters Index Ticker | .BUGCDET |
| Index Website | https://www.bloomberg.com/professional/product/indices/bloomberg-commodity-index-family/ |
| Index Constituent Count | 1 |
| Securities | 03/07/2026 |
|---|---|
| Bloomberg Gold Subindex Euro Hedged Daily Total Return | 100.00% |
Collateral Details
| Incorporated Country | Weight |
|---|---|
| UNITED STATES | 77.73% |
| NETHERLANDS | 19.04% |
| GERMANY | 3.23% |
| Currency | Weight |
|---|---|
| US Dollar | 77.73% |
| Euro | 22.27% |
Top 20 Fund Collateral
| Fund | Weight |
|---|---|
| BILL 10/29/26 | 39.64% |
| 3 3/4 NOTE R 32 | 26.32% |
| NETHERLANDS GOVERN 2.5 15JUL34 144A | 19.37% |
| 3 7/8 NOTE AL 28 | 11.45% |
| BUNDESOBLIGATION 2.1 12APR29 | 3.22% |
Documents
Product
Collateral
KID
Prospectus
Reports and Regulatory
DISCLAIMERS
The products discussed in this document are issued by WisdomTree Hedged Commodity Securities Limited (the "Issuer"). The Issuer is regulated by the Jersey Financial Services Commission. Investors should read the prospectus of the Issuer before investing and should refer to the section of the prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the securities offered by the Issuer.
Securities issued by the Issuer are direct, limited recourse obligations of the relevant Issuer alone and are not obligations of or guaranteed by Citigroup Global Markets Limited (“CGML”), Citigroup Global Markets Holdings Inc. (“CGMH”), Merrill Lynch International ("MLI"), Bank of America Corporation ("BAC") or any of their affiliates. Each of CGML, CGMH, MLI and BAC disclaim all and any liability whether arising in tort, contract or otherwise which they might have in respect of this document or its contents otherwise arising in connection herewith.
“Bloomberg®” and the Bloomberg Commodity Index(es)SM referenced herein are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the indices (collectively, “Bloomberg”) and have been licensed for use for certain purposes by WisdomTree and its permitted affiliates including WisdomTree Hedged Commodity Securities Limited (together, WisdomTree). Bloomberg is not affiliated with WisdomTree, and Bloomberg does not approve, endorse, review, or recommend the exchange-traded product(s) referenced herein. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to the index(es).