Thursday 16 January, 2020
WisdomTree Comm Sec
WT Commodity Secs Ltd - Rebalancing of Index Secs
RNS Number : 0382A WisdomTree Commodity Secs Ltd 16 January 2020
WisdomTree Commodity Securities Limited
LEI: 21380068Q1JSIAN4FO63
16 January 2020
Rebalancing of Index Securities
The annual rebalancing of the Bloomberg Commodity Index and Bloomberg Commodity Index 3 Month Forward, and consequently the adjustment to the number of Micro Securities in each of the twenty-eight categories of Index Securities (comprising eighteen categories of Classic Index Securities and ten categories of Longer Dated Index Securities) issued by WisdomTree Commodity Securities Limited has been completed.
Tables 1 and 2 show the new number of Micro Securities comprised in each Index Security for Classic Index Securities and Longer Dated Index Securities. No further changes will occur until the next rebalancing, scheduled for early January 2021.
Table 3 shows the effective weight of each commodity based on the new number of Micro Securities and current commodity prices (as at close on 14 January 2020).
For further information, please contact
For further information, please contact
Ciaran Hocking
R&H Fund Services (Jersey) Limited
Tel: +44 (0) 1534 825200
Fax: +44 (0) 1534 825335
E-mail address: [email protected]
Table 1 -Number of Micro Classic Securities in each class of Classic Index Security on 15 January 2020
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Classes of Micro Securities
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Number of Micro Classic Securities in each class of Classic Index Security. These are the numbers until the next rebalancing (scheduled for January 2021)
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All Commodities
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Energy
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Ex-Energy
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Ex-Agriculture
& Livestock
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Natural Gas
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31,858,278
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47,520,416
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Petroleum
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59,102,722
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WTI Crude Oil
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72,548
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108,995
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538,409
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135,049
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Brent Crude
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18,403
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27,646
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136,478
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34,251
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Unleaded Gasoline
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6,742
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10,127
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49,986
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12,544
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Heating Oil
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14,050
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21,107
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104,236
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26,154
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Low Sulphur Gas Oil
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11,289
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16,957
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83,709
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21,014
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Industrial Metals
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Aluminium
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131,351
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1,022,774
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184,990
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244,080
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Copper (COMEX)
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22,748
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176,309
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31,942
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42,341
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Zinc
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38,071
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296,608
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53,665
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70,695
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Nickel
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17,220
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133,478
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24,179
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32,054
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PM
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Gold
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63,699
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835,155
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89,448
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118,524
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Silver
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18,266
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239,541
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25,651
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34,004
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Livestock
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Live Cattle
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48,921
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279,391
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68,754
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Lean Hogs
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333,017
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1,914,555
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471,185
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Agriculture
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Grains
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Wheat
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393,210
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646,874
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862,538
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552,144
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Kansas Wheat
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56,103
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93,394
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124,974
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79,562
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Corn
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658,575
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1,088,548
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1,452,466
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928,614
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Soybeans
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27,546
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45,389
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60,523
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38,739
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Soybean Meal
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4,613
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7,625
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6,504
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Softs
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Sugar
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36,018
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59,384
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186,826
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50,667
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Cotton
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57,769
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95,661
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301,726
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81,562
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Coffee
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260,328
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428,659
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1,347,787
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366,446
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Soybean Oil
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65,932
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108,471
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92,582
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Classes of Micro Securities
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Number of Micro Classic Securities in each class of Classic Index Security. These are the numbers until the next rebalancing (scheduled for January 2021)
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Ex-Petroleum
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Ex-Agri
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Ex-IM
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Ex-PM
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Ex-Livestock
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Ex-Grains
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Ex-Softs
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Natural Gas
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67,953,324
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48,533,465
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58,731,246
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59,592,209
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67,202,812
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69,657,775
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44,666,033
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WTI Crude Oil
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-
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110,829
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134,088
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135,757
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153,096
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158,879
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101,757
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Brent Crude
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-
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28,112
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34,012
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34,434
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38,833
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40,296
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25,810
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Unleaded Gasoline
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-
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10,296
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12,458
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12,612
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14,222
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14,762
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9,455
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Heating Oil
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-
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21,461
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25,967
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26,289
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29,648
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30,766
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19,705
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Low Sulphur Gas Oil
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-
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17,245
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20,862
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21,123
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23,819
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24,721
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15,831
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Aluminium
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277,373
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200,392
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-
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245,815
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277,122
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287,397
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184,194
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Copper (COMEX)
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47,895
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34,748
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-
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42,566
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47,997
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49,811
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31,903
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Zinc
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80,534
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58,053
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-
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71,261
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80,314
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83,267
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53,381
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Nickel
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36,258
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26,304
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-
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32,221
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36,339
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37,709
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24,153
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Gold
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134,134
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97,298
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117,738
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-
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134,422
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139,500
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89,349
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Silver
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38,466
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27,907
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33,762
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-
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38,549
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40,003
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25,621
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Live Cattle
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103,104
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74,638
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90,407
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91,571
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-
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107,032
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68,598
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Lean Hogs
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706,257
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507,877
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614,486
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622,979
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-
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728,628
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466,987
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Wheat
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827,969
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-
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726,760
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735,800
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829,765
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-
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551,531
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Kansas Wheat
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119,461
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-
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103,496
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104,983
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118,335
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-
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78,649
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Corn
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1,393,046
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-
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1,216,259
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1,232,542
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1,389,357
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-
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923,438
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Soybeans
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58,099
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-
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50,899
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51,559
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58,115
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-
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38,626
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Soybean Meal
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9,757
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-
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8,520
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8,633
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9,732
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-
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6,468
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Sugar
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76,006
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-
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66,561
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67,431
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75,980
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78,763
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-
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Cotton
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122,403
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-
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106,664
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108,116
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121,863
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126,328
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-
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Coffee
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548,672
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-
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480,831
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487,038
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549,341
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570,018
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-
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Soybean Oil
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138,835
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-
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121,866
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123,379
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139,134
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144,393
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92,483
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Table 2- Number of Micro Longer Dated Securities in each class of Longer Dated Index Security on 15 January 2019
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Classes of Micro Securities
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|
Number of Micro Classic Securities in each class of Classic Index Security
These are the numbers until the next rebalancing (scheduled for January 2020)
|
|
|
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All Commodities
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Energy
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Ex-Energy
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Natural Gas
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1,036,883
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3,546,286
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Petroleum
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WTI Crude Oil
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40,924
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140,744
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410,435
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Brent Crude
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32,838
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112,943
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329,351
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Unleaded Gasoline
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5,858
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20,138
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58,726
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Heating Oil
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13,529
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46,528
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135,714
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Low Sulphur Gas Oil
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20,365
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70,042
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204,258
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Industrial Metals
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Aluminium
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192,288
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966,489
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210,609
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Copper (COMEX)
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34,334
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171,786
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37,499
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Zinc
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62,531
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314,596
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68,558
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Nickel
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26,115
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130,660
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28,522
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Precious Metals
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Gold
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148,349
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852,340
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162,028
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Silver
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39,429
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226,577
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43,063
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Livestock
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Live Cattle
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58,375
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685,776
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63,807
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Lean Hogs
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42,981
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507,203
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47,154
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Agriculture
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Grains
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Wheat
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283,623
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380,244
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488,285
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310,310
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Kansas Wheat
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75,722
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102,413
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131,947
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83,474
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Corn
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548,970
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737,616
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947,794
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601,852
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Soybeans
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62,994
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84,372
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108,341
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68,874
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Soybean Meal
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16,677
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22,395
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18,274
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Softs
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Sugar
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44,233
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59,288
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190,355
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48,389
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Cotton
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48,773
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65,619
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211,114
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53,515
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Coffee
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445,531
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596,432
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1,914,513
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487,676
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Soybean Oil
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86,874
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116,232
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94,885
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Table 3 -Effective Weight of each Commodity in the WisdomTree Broad Commodities Index Securities and WisdomTree Broad Commodities Longer Dated Index Securities
(as at the close on 14 January 2019)
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Commodity
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Effective weights based on current commodity prices (Classic Securities)
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Effective weights based on current commodity prices (Longer Dated Securities)
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Natural Gas
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7.97%
|
8.04%
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WTI Crude Oil
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7.57%
|
7.62%
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Brent Crude
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6.72%
|
6.72%
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Gasoline
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2.20%
|
2.21%
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Heating Oil
|
2.02%
|
2.02%
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Low Sulphur Gas Oil
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2.48%
|
2.48%
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Aluminium
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4.36%
|
4.36%
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Copper
|
7.28%
|
7.26%
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Zinc
|
3.50%
|
3.49%
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Nickel
|
2.78%
|
2.78%
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Gold
|
13.58%
|
13.56%
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Silver
|
3.70%
|
3.70%
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Live Cattle
|
4.10%
|
4.10%
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Lean Hogs
|
1.76%
|
1.78%
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Wheat
|
3.19%
|
3.17%
|
|
Kansas Wheat
|
1.55%
|
1.54%
|
|
Corn
|
5.97%
|
5.95%
|
|
Soybeans
|
5.71%
|
5.70%
|
|
Soy Meal
|
3.34%
|
3.18%
|
|
Sugar
|
3.22%
|
1.53%
|
|
Cotton
|
1.54%
|
2.59%
|
|
Coffee
|
2.59%
|
2.89%
|
|
Soybean Oil
|
2.89%
|
3.34%
|
|
|
|
|
|
Total
|
100.00%
|
100.00%
|
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