An additional exchange-traded commodity from the ETC offering of Source Commodity Markets has been admitted to trading on Xetra®.
ETC name: S&P GSCI Enhanced Crude Oil Source T-ETC
Asset class: commodity
ISIN: XS0454792184
Management fee: 0.49 percent
Distribution policy: accumulating
Benchmark: S&P GSCI TM Crude Oil Enhanced Total Return Index
With the S&P GSCI Enhanced Crude Oil Source T-ETC, investors will be able to participate in the performance of the WTI Crude Oil futures contract for the first time. The S&P GSCI Crude Oil Enhanced TR Index is designed to alleviate the impact of negative roll returns which might occur when exchanging future contracts that are due to expire. The index applies a dynamic rolling rule when determining into which new expiration a WTI Crude Oil futures contract is rolled.
The product offering in Xetra’s ETC segment comprises 137 exchange-traded commodites, making it the largest offering of all European stock exchanges. The average monthly trading volume in ETCs amounts to around 400 million euros.
