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Friday 31 December, 2021

WisdomTree Comm Secs

WisdomTree CSL Pre-Rebalancing

RNS Number : 2025X
WisdomTree Commodity Securities Ltd
31 December 2021
 

WisdomTree Commodity Securities Limited

LEI: 21380068Q1JSIAN4FO63

31 December 2021

 

Rebalancing of Index Securities

 

The annual rebalancing of the Bloomberg Commodity Index and Bloomberg Commodity Index 3 Month Forward will commence next week. Consequently, each of the twenty-eight categories of Index Securities (comprising eighteen categories of Classic Index Securities and ten categories of Longer Dated Index Securities) as set out in the Prospectus of WisdomTree Commodity Securities Limited (the "Issuer") dated 13 August 2021 will also be rebalanced. As explained in the Prospectus, this will be done by adjusting the number of Micro Securities comprised in each Index Security.

 

The rebalancing itself will not change the value of any Index Security and no action is required on the part of Security Holders. The rebalancing does not affect the fifty-one classes of Individual Securities (comprising twenty-eight classes of Classic Individual Securities and twenty-three classes of Longer Dated Individual Securities).

 

The timetable for the rebalancing of the Index Securities is as follows:

 

Thursday 6 January 2022

 

The target number of Micro Securities to be increased/decreased for each commodity in each Index Security will be determined using Thursday 6 January 2022's settlement prices.

 

Monday 10 January 2022, Tuesday 11 January 2022, Wednesday 12 January 2022, Thursday 13 January 2022

 

At the beginning of each of these days, the number of Micro Securities will be adjusted, based on the targeted changes and the actual previous day's closing prices, and the updated number of Micro Securities for each class of Index Security in issue will be available prior to trading commencing on the Issuer's website at:

 

https://www.wisdomtree.eu/en-gb/pricing/wisdomtree-commodity-securities-limited-classic

 

and

 

https://www.wisdomtree.eu/en-gb/pricing/wisdomtree-commodity-securities-limited-longer-dated

 

Final Rebalance Date

 

The final number of Micro Securities in each Index Security following the rebalancing will be announced prior to the opening of trading. (Note, however, if there is a Market Disruption Event for a commodity then the rebalance period in respect of the Micro Securities for any Index Security containing that commodity will  be extended by way of Extended Voluntary Rebalancing).

 

The table referenced below shows (i) the existing weighting of each commodity for the Classic Securities and the Longer Dated Securities, as measured by the effective weight at current commodity prices in the WisdomTree Broad Commodities Index Security (for the Classic Securities) or the WisdomTree Broad Commodities Longer Dated Index Security (for the Longer Dated Securities), and (ii) the targeted new weighting of each commodity for the Classic Securities and the Longer Dated Securities, based on the Commodity Index Percentage to be used in the rebalancing of Bloomberg Commodity Index (Classic Securities) or Bloomberg Commodity Index 3 Month Forward (Longer Dated Securities). 

 

Link to target weights file: https://www.londonstockexchange.com/news-article/market-news/wisdomtree-csl-target-weights/15271361

 

 

Terms not defined in this notice shall have the meaning ascribed to them in the Issuer's Base Prospectus dated 13 August 2021 (the "Prospectus").

For further information, please contact: [email protected]  

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