WisdomTree WTI Crude Oil GBP Daily Hedged is a fully collateralised, UCITS eligible Exchange Traded Commodity ( designed to provide investors with a total return exposure to WTI Crude Oil futures contracts currency hedged in GBP The ETC aims to replicate the Bloomberg WTI Crude Oil Multi Tenor Pound Sterling Daily Hedged Total Return Index ( by tracking the Bloomberg WTI Crude Oil Multi Tenor Pound Sterling Daily Hedged Excess Return Index and providing the interest revenue adjusted to reflect fees and costs associated with the product For example, if the Bloomberg WTI Crude Oil Multi Tenor Pound Sterling Daily Hedged Total Return Index rises by 1 over a day, then the ETC will rise by 1 excluding fees However if the Bloomberg WTI Crude Oil Multi Tenor Pound Sterling Daily Hedged Total Return Index falls by 1 over a day, then the ETC will fall by 1 excluding fees.