As demand for precious metals has continued, investors have increasingly adopted physicallysecured ETPs as their vehicle of choice…..
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Commenting on this new asset milestone, Stefan Garcia, head of commodity ETC sales at Source said, “For some investors, gold has become a core holding in their portfolios with the percentage of exposure shifting with market dynamics. Physical ETCs are one of the more practical solutions for implementing that exposure.”
Source P-ETCs combine the convenience and liquidity of an ETP with the reassurance of physicalholdings. Each P-ETC is secured by physical metal held in J.P. Morgan’s London vaults.
The Source P-ETC and T-ETC platforms have raised US$3.1 billion across 23 products since launch in April 2009 – According to Deutsche Bank, as of July 2012, Source is the 2nd largest commodity ETC provider in Europe.
Source P-ETCs
Product name | BBG ticker | Exchange | Base/Trading currency | Fee |
Source Physical Gold P-ETC | SGLD LN | LSE | USD/USD | 0.29 p.a. |
SGLD LN | LSE | USD/GBP | 0.29 p.a. | |
8PSG GR | XETRA | USD/EUR | 0.29 p.a. | |
SGLD SW | Six Swiss Exchange | USD/USD | 0.29 p.a. | |
Source Physical Silver P-ETC | SSLV LN | LSE | USD/USD | 0.39 p.a. |
Source Physical Platinum P-ETC | SPPT LN | LSE | USD/USD | 0.39 p.a. |
Source Physical Palladium P-ETC | SPAL LN | LSE | USD/USD | 0.39 p.a. |
Source: ETFWorld – Source
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