PCFP

About PCFP

WisdomTree Gold 3x Daily Leveraged is a leveraged exchange-traded commodity (ETC) designed to provide investors with three times the daily performance of gold prices through futures contracts. This product enables market participants to gain magnified exposure to the gold market, making use of a synthetic (swap-based) replication strategy that is fully collateralised. The ETC tracks the Solactive Gold Commodity Futures SL Index and is structured as a debt security, offering total returns that incorporate interest revenue from the collateral backing the position. With a focus on the precious metals sector, specifically gold, the ETC appeals to traders seeking tactical, short-term positions to capitalize on price movements in the gold market. It is passively managed and maintains daily leverage, meaning returns are reset every trading day, which can result in compounding effects over longer holding periods. The product is denominated in US dollars, not currency hedged, and has an ongoing total expense ratio of 0.99% per annum. Its structure allows easy trading on exchange and removes the need for investors to manage physical storage or insurance of gold. Since inception in December 2012, WisdomTree Gold 3x Daily Leveraged has played a role in providing liquidity and leveraged gold exposure in the broader commodities market.