# WisdomTree Industrial Metals - GBP Daily Hedged (PIMT) **Page:** https://fundology.uk/fund/pimt · ISIN JE00B63MJ075 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, PIMT (WisdomTree Industrial Metals - GBP Daily Hedged, ISIN JE00B63MJ075) closed at £9.20 on the London Stock Exchange. Its ongoing charge is 0.54% a year (about £54 on £10,000). Over the five years to 13/11/2026 its total return was +11.1%, or −13.3% after UK CPIH inflation. ## Summary WisdomTree Industrial Metals - GBP Daily Hedged is an exchange-traded commodity (ETC) from WisdomTree, launched in 2012. It tracks the Bloomberg Industrial Metals Subindex Pound Sterling Hedged Daily Index - GBP. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.54% a year — about £54 a year on every £10,000 invested, taken from the fund's value rather than billed to you. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **£9.20** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | PIMT | | ISIN | JE00B63MJ075 | | Category | Gold & commodities | | Type | ETC | | Provider | WisdomTree | | Tracks | Bloomberg Industrial Metals Subindex Pound Sterling Hedged Daily Index - GBP | | Ongoing charge | 0.54% a year (£54 per £10,000) | | Fund size | £9.1m | | Launched | 2012 | | Domicile | Jersey | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2012 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +12.12% | +8.15% | income reinvested | | 3 years | +31.68% | +18.97% | income reinvested | | 5 years | +11.09% | -13.29% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of WisdomTree Industrial Metals - GBP Daily Hedged in pounds (price only; the fund pays no income): 2022 −4.4%, 2023 −13.1%, 2024 +0.7%, 2025 +21.2%; 2026 to 13/11/2026 +3.7%. Returns of WisdomTree Industrial Metals - GBP Daily Hedged in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: +18.9%; to 30/09/2025: +0.9%; to 30/09/2024: +10.7%; to 30/09/2023: +0.4%; to 30/09/2022: −10.9%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -4.4% | -12.5% | Price | | 2023 | -13.1% | -16.5% | Price | | 2024 | +0.7% | -2.7% | Price | | 2025 | +21.2% | +17.1% | Price | | 2026 to 13/11/2026 | +3.7% | +0.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 13.61% | -9.05% | | 3 years | 18.31% | -17.24% | | 5 years | 21.35% | -38.42% | ## Largest fall Volatility of WisdomTree Industrial Metals - GBP Daily Hedged in pounds, annualised from weekly returns to 13/11/2026: 13.6% over 1 year, 18.3% over 3 years, 21.3% over 5 years. Largest fall in the price of WisdomTree Industrial Metals - GBP Daily Hedged since November 2021, in pounds: −38.4% from 25/03/2022 to 09/02/2024. The lowest 12-month return of WisdomTree Industrial Metals - GBP Daily Hedged in pounds (price only; the fund pays no income) since January 2021 was −28.2% (12 months to 24/03/2023); the highest was +48.4% (12 months to 01/04/2022). On 13/11/2026 the price of WisdomTree Industrial Metals - GBP Daily Hedged was 16.3% below its highest weekly close since November 2021 (25/03/2022), in pounds. ## Charges compared with similar funds Ongoing charge of WisdomTree Industrial Metals - GBP Daily Hedged 0.54% a year. Compared on 14/11/2026, 22 of the 149 other gold and commodity funds charge more, 14 the same and 113 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.54%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of PIMT?** The ongoing charge of PIMT is 0.54% a year — about £54 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of WisdomTree Industrial Metals - GBP Daily Hedged 0.54% a year. Compared on 14/11/2026, 22 of the 149 other gold and commodity funds charge more, 14 the same and 113 less (share classes counted once). **What does PIMT track?** PIMT tracks the Bloomberg Industrial Metals Subindex Pound Sterling Hedged Daily Index - GBP. **What is the ISIN of PIMT?** The ISIN of PIMT is JE00B63MJ075. An ISIN identifies one exact share class of a fund; PIMT is its ticker on the London Stock Exchange. **What were PIMT’s returns in each of the last five years?** Calendar-year returns of PIMT in pounds (price only; the fund pays no income): 2022 −4.4%, 2023 −13.1%, 2024 +0.7%, 2025 +21.2%; 2026 to 13/11/2026 +3.7%. Past performance is not a guide to future returns. **How has PIMT done after inflation?** Over the five years to 13/11/2026 PIMT’s total return was +11.1%, or −13.3% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.