Two new exchange traded commodities issued by DB ETC Index plc, the ETC platform of Deutsche Bank, are tradable on Xetra.
The two new db ETCs enable investment in exchange traded commodities on gold and silver with currency protection for the first time. All db ETCs are backed by physically deposited gold bars in allocated form.
ETC name: db Physical Gold Euro Hedged ETC Asset class: commodities
ISIN: DE000A1EK0G3
Total expense ratio: 0.59 percent
Benchmark: Gold spot price
ETC name: db Physical Silver Euro Hedged ETC Asset class: commodities
ISIN: DE000A1EK0J7
Total expense ratio: 0.75 percent
Benchmark: Silver spot price
Deutsche Börse’s ETC segment product range currently comprises 174 instruments.
The monthly trading volume of ETCs on Xetra averages around €550 million.
