Four new Exchange Traded Commodities (ETCs) issued by the new issuer DB ETC Index plc have been tradable on Xetra since Monday. DB ETC Index plc, the Deutsche Bank ETC platform, is the fourth issuer in the ETC segment of Deutsche Börse. …..
The products offer investors a first opportunity to invest in Exchange Traded Commodities hedged against currency risk. All four db ETCs are backed by physical gold.
ETC Name: db ETC Brent Crude Oil Euro Hedged ETC Securities
Asset class: Commodities
ISIN: DE000A1AQGX1
Management fee: 0.45 percent
Benchmark: DBLCI-OY Brent Crude Oil EUR Index
ETC Name: db ETC Monthly Short Brent Crude Oil Euro Hedged ETC Securities
Asset class: Commodities
ISIN: DE000A1AQGW3
Management fee: 0.45 percent
Benchmark: DBLCI Monthly Short Brent Crude Oil EUR Index
ETC Name: db ETC Monthly Short Gold Euro Hedged ETC Securities
Asset class: Commodities
ISIN: DE000A1AQGZ6
Management fee: 0.45 percent
Benchmark: DBLCI Monthly Short Gold EUR Index
ETC Name: db ETC Industrial Metals Euro Hedged ETC Securities
Asset class: Commodities
ISIN: DE000A1AQGY9
Management fee: 0.45 percent
Benchmark: DBLCI-OY Industrial Metals EUR Index
Two of these four new Exchange Traded Commodities offer investors the opportunity to take exposure to the long or inverse performance of Brent crude oil futures contract. The db ETC Monthly Short Gold Euro Hedged ETC provides inverse exposure to gold, In addition, db ETC Industrial Metals Euro Hedged ETC offers the opportunity to take exposure to futures contracts of aluminum, copper and zinc.
The Xetra ETC segment product range currently comprises 155 products. The monthly trading volume of ETCs averages around €400 million.
Source: ETFWorld – Deutsche Börse AG
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