- Business
- WisdomTree Precious Metals (AIGP.L) is a fully collateralised, UCITS-eligible exchange traded commodity (ETC) issued by WisdomTree Commodity Securities Limited that provides investors with total return exposure to a basket of precious metals futures contracts, primarily gold and silver, by synthetically replicating the Bloomberg Commodity Precious Metals Subindex 4W Total Return (BCOMPR4T); the product uses fully funded collateralised swaps with counterparties including Citigroup Global Markets Limited and Merrill Lynch International, backed by high-quality sovereign bonds held at The Bank of New York Mellon, and features a management expense ratio of 0.49% with daily liquidity on major exchanges such as the London Stock Exchange (USD ticker AIGP), Xetra (EUR ticker OD73), Euronext, and Borsa Italiana.
Launched on September 22, 2006 and domiciled in Jersey at IFC 5, St Helier, the ETC targets institutional and retail investors seeking commodities exposure without physical storage or delivery requirements; it operates across European markets including the UK, Germany, Italy, France, and others via passporting in AT, BE, DE, DK, ES, FI, FR, GB, IE, IT, LU, NL, NO, PL, SE, with assets under management around EUR 96 million as of recent data and strong performance including 43.16% one-year returns.
WisdomTree Precious Metals benefits from its parent sponsor WisdomTree, Inc.'s broader strategic expansions, including the July 2025 agreement to acquire Ceres Partners, LLC, a leading U.S. farmland manager with nearly $2 billion in assets, enhancing diversification into alternative assets; this follows WisdomTree's transformative 2017 acquisition of ETF Securities' European commodities platform, which integrated products like AIGP and boosted scale to over $66 billion in pro-forma AUM at the time, alongside ongoing innovations such as low-cost physically-backed gold ETP launches and digital assets initiatives.