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New ETC launched on Xetra

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 Brent Crude Oil Booster ETC (EUR)
      Asset class: Commodities
      ISIN: DE000A1KYN55
      Total expense ratio: 0.45 percent
      Benchmark: db Brent Crude Oil Booster USD Index

      The new ETC from db ETC Index plc offers investors the additional chance to participate in the performance of Brent Crude Oil, in this case without currency protection. Collateral for the db ETC is provided by physically deposited gold bars in allocated form.

      Deutsche Börse’s ETC segment product range currently comprises 180 instruments. The monthly trading volume of ETCs on Xetra averages around €550 million.

       

      Source: ETFWorld – Deutsche Bourse

       

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