WisdomTree Cocoa 2x Daily Leveraged
LCOC.L
London Stock Exchange- -
USD
- -
- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 3rd Floor, 44 Esplanade St Helier Jersey JE4 9WG
- IPO Date
- Mar 11, 2008
- Website
- wisdomtree.eu
- Similar Companies
- Business
- WisdomTree Commodity Securities Limited - WisdomTree Cocoa 2x Daily Leveraged (LCOC.L) is a fully collateralised exchange traded commodity (ETC) that provides investors with leveraged exposure to the performance of cocoa futures. Issued by WisdomTree Commodity Securities Limited, domiciled in Jersey and formed on March 11, 2008, the ETC employs synthetic replication methodology using swaps and futures to deliver twice the daily total return of the Bloomberg Cocoa Subindex Excess Return, before fees and expenses; it features no physical delivery, daily rebalancing, and collateral primarily consisting of investment-grade government bonds from the United States, Germany, Austria, the Netherlands, and Finland. The product trades on the London Stock Exchange and other European exchanges, with a management expense ratio of 0.98%, and is designed for sophisticated investors aware of leverage risks, compounded returns, and volatility; it was formerly known as ETFS 2x Daily Long Cocoa under ETFS Commodity Securities Limited. WisdomTree Commodity Securities Limited operates within the commodity exchange-traded products segment, focusing on short and leveraged ETCs across agriculture and other commodities; it offers a range of similar products including classic, longer-dated, and unleveraged commodity securities, with WisdomTree Cocoa 2x Daily Leveraged targeting institutional and retail investors seeking magnified daily exposure to cocoa price movements without managing futures contracts directly. Geographic operations center on Europe, with primary listings on the London Stock Exchange and eligibility for UK ISAs and FCA regulation; the issuer maintains collateral with The Bank of New York Mellon and relies on swap counterparties such as Citigroup Global Markets Limited and Merrill Lynch International. Among recent developments for the broader WisdomTree group, which issues these ETCs through its subsidiaries, WisdomTree, Inc. announced in July 2025 and completed in October 2025 the acquisition of Ceres Partners, LLC, a U.S.-based farmland investment manager, for $275 million upfront plus a potential $225 million earnout; this marks WisdomTree's strategic entry into private asset markets, expanding beyond ETPs into real assets like farmland to offer inflation-protected income opportunities and diversification.