WisdomTree Files Active ETF Combining Copper Futures and Mining Stocks

The WisdomTree Efficient Copper Plus Copper Miners Fund is designed to provide roughly equal economic exposure to copper futures and global copper miners. The actively managed fund expects to invest about 90% of net assets in mining companies deriving at least 50% of revenue from copper, alongside futures carrying notional exposure of roughly 90% of assets, creating capital-efficient exposure to both copper prices and producers. Futures may trade on the CME or LME, with Treasuries and cash used as collateral. Mining stocks will generally be market-cap weighted, with quarterly rebalancing, while some commodity exposure may be obtained through a Cayman subsidiary.