METAWisdomTree Industrial Metals Enhanced
ISIN: IE00BF4TWC330.40%
Management Fee (MER)
As of 02/07/2026
25 February 2019
Inception Date
US$6,978,017
Fund AUM
As of 02/07/2026
USD
Base currency
Overview
Product Description
WisdomTree Industrial Metals Enhanced is a fully collateralised, UCITS eligible Exchange Traded Commodity (ETC) designed to provide investors with a total return exposure to a basket of Industrial Metals futures contracts. The ETC provides a total return comprised of the daily performance of the Optimised Roll Industrial Metals Total Return Index (EBCIINTR), adjusted to reflect fees and costs associated with the product. For example, if the Optimised Roll Industrial Metals Total Return Index rises by 1% over a day, then the ETC will rise by 1%, excluding fees. However if the Optimised Roll Industrial Metals Total Return Index falls by 1% over a day, then the ETC will fall by 1%, excluding fees.
Why META?
- Gain exposure to the performance of Industrial Metals.
- Dynamic roll process designed to maximise potential roll returns by selecting futures contracts with the highest implied roll yield for each commodity.
- UCITS eligible and 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 Industrial Metals.
- Risk Management: You cannot lose more than the amount invested.
- Liquidity: Trades on exchange, with multiple authorised participants (APs) and market makers (MMs).
Potential Risks
- 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.
- 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).
- Please see the risks factors section of the Prospectus for a more detailed discussion of the potential risks
Articles and Research Papers


Nitesh Shah
Commodities 2026: Late cycle, new regimes
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- Market-Outlook
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- Industrial Metals
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Nitesh Shah
What's Hot: As LME Week kicks off, the real story lies in Lisbon
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Nitesh Shah
What's Hot: Copper's conductive forces
Related Products WisdomTree Copper, WisdomTree Copper 3x Daily Leveraged, WisdomTree Copper 3x Daily Short Find out more Widespread expectations that the U.S. Department of Commerce's Section 232...
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Mobeen Tahir
What's Hot: Copper is red hot right now. Here’s why.
Related Products WisdomTree Copper, WisdomTree Copper 3x Daily Leveraged, WisdomTree Copper 3x Daily Short Find out more Copper’s COMEX price hit a new high on 26th March making the red metal red hot...
- Industrial Metals
- Commodities
Fund Overview
| Product Overview | As of 02/07/2026 |
|---|---|
| ISIN | IE00BF4TWC33 |
| Asset Class | Commodities |
| Base Currency | USD |
| Inception Date | 25 February 2019 |
| Currency Hedged | No |
| Leverage Factor | N/A |
| Net Asset Value | As of 02/07/2026 |
|---|---|
| NAV | US$40.231 |
| Daily Change | US$0.063 |
| Daily return | 0.156% |
| Total AUM of fund | US$6,978,017 |
| Issuer AUM | US$3,526,032,940 |
| Shares Outstanding | 173,450 |
Structure
| Structure | As of 02/07/2026 |
|---|---|
| Legal Form | ETC |
| Legal Structure | ETC |
| Replication Method | Fully Collateralised Swap |
| Domicile | Ireland |
| Physical Asset | Yes (Collateral) |
| Further Legal and Tax Information | As of 02/07/2026 |
|---|---|
| ISA | Eligible |
| SIPP | Eligible |
| UCITS Eligible | Yes |
| UK Reporting Status | Yes |
Key Service Providers
| Key Service Providers | As of 02/07/2026 |
|---|---|
| Custodian | Bank of New York Mellon |
| Administrator | Apex IFS Limited |
| Issuer | WisdomTree Multi Asset Issuer PLC |
| Auditor | Deloitte LLP |
| Trustee | Law Debenture Trust |
| Swap Provider | BNP Paribas Arbitrage SNC |
| Fees | As of 02/07/2026 |
|---|---|
| Management Fee (MER) | 0.40% |
| Annual Swap Rate | 0.36% |
Passported Countries
Benchmark Composition
As of 02/07/2026
| Name | Weight (%) |
|---|---|
| Copper (LME) | 42.6 |
| Aluminum | 22.71 |
| Zinc | 15.95 |
| Nickel | 13.3 |
| Lead | 5.41 |
| Remaining Portfolio | 0.04 |
*Holdings are subject to change without notice.
Sector Breakdown
As of 02/07/2026
| Name | Weight (%) |
|---|---|
Industrial Metals | 99.96 |
*Sectors are subject to change without notice
Listings & Codes
| Country | Exchange | Trading Currency | Exchange Ticker | Bloomberg Ticker | RIC | SEDOL | ISIN | WKN | Settlement Period | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| LSE | USD | META | META LN | META.L | BZCNWZ0 | IE00BF4TWC33 | A2HH1S | T + 2 | 27/02/2019 | |
| Borsa Italiana | EUR | META | META IM | META.MI | BZCNX02 | IE00BF4TWC33 | A2HH1S | T + 2 | 27/02/2019 | |
| Xetra | EUR | XMWJ | XMWJ GY | XMWJ.DE | BLR6XF3 | IE00BF4TWC33 | A2HH1S | T + 2 | 20/03/2019 |
Index Details
Optimised Roll Industrial Metals Total Return Index
The Optimised Roll Industrial Metals Total Return Index aims to provide a total return exposure to the Industrial Metals commodity sector. The index uses an optimised roll mechanism which aims to minimise the potential losses arising from commodity future contracts in contango, or maximise the benefit from contracts in backwardation.
| Index Details | |
|---|---|
| Index Name | Optimised Roll Industrial Metals Total Return Index |
| Currency | USD |
| Index Provider | BNP Paribas |
| Bloomberg Ticker | EBCIINTR |
Collateral Details
| Collateral Details | 22 May 2026 |
|---|---|
| Collateral Coverage Ratio | 105.3% |
| Collateralised | Yes |
| Over Collateralised | Yes |
| Custodian | Bank of New York Mellon |
Collateral Structure

Documents
Product
KID
Prospectus
Reports and Regulatory
DISCLAIMERS
WisdomTree Multi Asset Issuer PLC (the “Issuer”) issues products under a Prospectus (“WTMA Prospectus”) approved by the Central Bank of Ireland, drawn up in accordance with the Directive 2003/71/EC. The WTMA Prospectus has been passported to various European jurisdictions including the UK, Italy and Germany and is available on this document.
The Optimised Roll Industrial Metals Total Return Index is the exclusive property of BNP Paribas (“BNPP”). The Optimised Roll Industrial Metals Total Return Index is used by WisdomTree under licence. The Index-linked Securities are not endorsed or approved in any way by BNPP. BNPP do not make any warranties whatsoever in relation to use of the Optimised Roll Industrial Metals Total Return Index and are not liable for any losses caused by the use thereof.
The methodology of and rules governing the index (the "Index Methodology" and the "Index") are proprietary. None of the sponsor of the Index (the "Index Sponsor"), the index calculation agent (where such party is not also the Index Sponsor, the "Index Calculation Agent") nor, where applicable, the index Investment Advisor (the "Index Investment Advisor") guarantee that there will be no errors or omissions in computing or disseminating the Index.
The Index Methodology is based on certain assumptions, certain pricing models and calculation methods adopted by the Index Sponsor, the Index Calculation Agent and, where applicable, the Index Investment Advisor, and may have certain inherent limitations. Information prepared on the basis of different models, calculation methods or assumptions may yield different results. You have no authority to use or reproduce the Index Methodology in any way, and neither BNP Paribas nor any of its affiliates shall be liable for any loss whatsoever, whether arising directly or indirectly from the use of the Index or Index Methodology or otherwise in connection therewith.
The Index Sponsor reserves the right to amend or adjust the Index Methodology from time to time in accordance with the rules governing the Index and accepts no liability for any such amendment or adjustment. Neither the Index Sponsor nor the Index Calculation Agent are under any obligation to continue the calculation, publication or dissemination of the Index and accept no liability for any suspension or interruption in the calculation thereof which is made in accordance with the rules governing the Index. None of the Index Sponsor, the Index Calculation Agent nor, where applicable, the Index Investment Advisor accept any liability in connection with the publication or use of the level of the Index at any given time.
The Index Methodology embeds certain costs in the strategy which cover amongst other things, friction, replication and repo costs in running the Index. The levels of such costs (if any) may vary over time in accordance with market conditions as determined by the Index Sponsor acting in a commercially reasonable manner.
BNP Paribas and its affiliates may enter into derivative transactions or issue financial instruments (together, the "Products") linked to the Index. The Products are not in any way sponsored, endorsed, sold or promoted by the sponsor of any index component (or part thereof) which may comprise the Index (each a "Reference Index") that is not affiliated with BNP Paribas (each such sponsor, a "Reference Index Sponsor"). The Reference Index Sponsors make no representation whatsoever, whether express or implied, either as to the results to be obtained from the use of the relevant Reference Index and/or the levels at which the relevant Reference Index stands at any particular time on any particular date or otherwise. No Reference Index Sponsor shall be liable (whether in negligence or otherwise) to any person for any error in the relevant Reference Index and the relevant Reference Index Sponsor is under no obligation to advise any person of any error therein. None of the Reference Index Sponsors makes any representation whatsoever, whether express or implied, as to the advisability of purchasing or assuming any risk in connection with the Products. BNP Paribas and its affiliates have no rights against or recourse to any Reference Index Sponsor should any Reference Index not be published or for any errors in the calculation thereof or on any other basis whatsoever in relation to any Reference Index, its production, or the level or constituents thereof. BNP Paribas and its affiliates shall have no liability to any party for any act or failure to act by any Reference Index Sponsor in connection with the calculation, adjustment or maintenance of the relevant Reference Index and have no affiliation with or control over any Reference Index or the relevant Reference Index Sponsor or the computation, composition or dissemination of any Reference Index. Although the Index Calculation Agent will obtain information concerning each Reference Index from publicly available sources that it believes reliable, it will not independently verify this information. Accordingly, no representation, warranty or undertaking (express or implied) is made and no responsibility is accepted by BNP Paribas or any of its affiliates nor the Index Calculation Agent as to the accuracy, completeness and timeliness of information concerning any Reference Index.
BNP Paribas and/or its affiliates may act in a number of different capacities in relation to the Index and/or products linked to the Index, which may include, but not be limited to, acting as market-maker, hedging counterparty, issuer of components of the Index, Index Sponsor and/or Index Calculation Agent. Such activities could result in potential conflicts of interest that could influence the price or value of a Product.
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