A new exchange traded commodity issued by db ETC Index plc has been tradable on Xetra since Tuesday.…
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ETC name: db Commodity Momentum Euro Hedged ETC
Asset class: Commodities
ISIN: DE000A1N4341
Total expense ratio: 0.45 percent
Benchmark: db Commodity Momentum EUR Index
The new db ETC tracks the performance of the db Commodity Momentum EUR Index, which follows an investment strategy based on short-term momentum of individual commodities. The index represents a broadly diversified commodity basket, based on the 14 sub-indices of S&P GSCI. All db ETCs are backed by physically deposited gold bars.
Source: ETFWorld – Xetra
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