GCC

GCC seeks to outperform broad-market commodity indexes by actively selecting diverse commodity exposure via futures contracts anticipated to maximize expected carry, while minimizing volatility. In December each year, the fund's manager considers 25 individual commodities within the four sectors. Contract selection and weighting are based on macro-economic outlook, single commodity forecasts, liquidity and economic significance. Positions are reviewed monthly and roll strategy managed to fund's objectives. The fund itself gains exposure through a wholly-owned Cayman Island subsidiary. A common approach used by similar funds. WisdomTree bought Greenhaven, the fund's former issuer, in January 2016, but made no material changes. On December 21, 2020, the fund went through a reorg. Previously, the fund was named WisdomTree Continuous Commodity Fund, and was structured as a commodity pool that tracked the Thomson Reuters Equal Weight Continuous Commodity Index.