WisdomTree Grains (AGGP.L) is a fully collateralised, UCITS-eligible exchange traded commodity (ETC) that provides investors with total return exposure to a basket of grains commodity futures by synthetically tracking the Bloomberg Grains Subindex; the index reflects the price returns of futures contracts on corn, soybeans, and wheat, with collateral consisting of money market instruments and U.S. Treasury bills. Issued by WisdomTree Commodity Securities Limited, the ETC carries a total expense ratio of 0.49% per annum, employs swap-based replication, and accumulates returns without distributions. Launched on September 27, 2006, and domiciled in Jersey with listings on the London Stock Exchange, Xetra, Borsa Italiana, and other European venues, it serves professional and retail investors seeking commodities diversification across Europe and select international markets, with approximately EUR 13 million in assets under management.
The ETC operates within the commodities sector, specifically targeting the grains sub-segment of agricultural futures markets; it caters to institutional and individual investors pursuing inflation-hedging, portfolio diversification, and exposure to soft commodity price movements influenced by global supply-demand dynamics in North and South America, Europe, and Asia. WisdomTree, the fund provider, maintains a broad suite of commodity ETPs including related products such as WisdomTree Agriculture, WisdomTree Wheat, WisdomTree Corn, WisdomTree Soybeans, WisdomTree Coffee, and WisdomTree Cocoa, all featuring similar UCITS-eligible structures and synthetic replication. Headquartered through its issuer in St. Helier, Jersey, the product remains focused on long-only grains futures without sustainability screens or leverage.