WisdomTree California Carbon is a fully collateralised, UCITS eligible Exchange Traded Commodity (ETC) designed to provide investors with a total return exposure to Carbon futures contracts. The ETC aims to replicate the Solactive California Carbon Rolling Futures TR Index (SOLCCATR) by tracking the Solactive California Carbon Rolling Futures ER Index and providing the interest revenue adjusted to reflect fees and costs associated with the product. For example, if the Solactive California Carbon Rolling Futures TR Index rises by 1% over a day, then the ETC will rise by 1%, excluding fees. However if the Solactive California Carbon Rolling Futures TR Index falls by 1% over a day, then the ETC will fall by 1%, excluding fees.