Swap Counterparty
Total Return Swap
(under ISDA and Collateral Agreement)
WisdomTree Strategic Metals UCITS ETF
Fund Custodian (StateStreet) Holds:
+ T-Bill Portfolio,
+ Collateral under the swap agreement
Negative index return
+ Swap Fee
+ T-Bill return
Exchange of Collateral
Positive index return
APs
Investment Manager (Assenagon Asset Management S.A.)
Purchase T-Bills
Shares
Cash
Agree Swap up- and downsizes, Collateral movements