Two new exchange traded commodities issued by DB ETC Index plc, the ETC platform of Deutsche Bank, are tradable on Xetra.
Investors can now invest not only in the available db gold and silver ETCs with currency hedging but also the db gold and silver ETCs without currency hedging (base currency: US dollar). The two new db ETCs are also physically backed by the respective precious metal in allocated form.
ETC name: db Physical Gold ETC (EUR)Asset class: CommoditiesISIN: DE000A1E0HR8Total expense ratio: 0.29 percentBenchmark: Gold spot price (London)
ETC name: db Physical Silver ETC (EUR)Asset class: CommoditiesISIN: DE000A1E0HS6Total expense ratio: 0.45 percentBenchmark: Silver spot price (London)
Deutsche Brse’s ETC segment product range currently comprises 178 instruments. The monthly trading volume of ETCs on Xetra averages around €550 million.
D.C.