New Energy Sector ETC From ETF Securities Launched On Xetra - ETC Hedged Against Daily Exchange Rate Fluctuation

A new ETC (exchange traded commodity) issued by ETFS Hedged Commodity Securities Limited has been tradable on Xetra since Monday. 

ETC name: ETFS EUR Daily Hedged Energy DJ-UBS EDSM
Asset class: Commodities
ISIN: DE000A1Y7Y36
Total expense ratio: 1.21 percent
Benchmark: Dow-Jones UBS Energy Sub-Index EUR Hedged Daily

The new Daily Hedged Energy ETC from ETF Securities enables investors to participate in the performance of futures contracts on individual commodities in the energy sector. The reference index reflects price movements of the futures contracts on natural gas, Brent crude and WTI oil as well as heating oil, and is hedged against US dollar exchange rate fluctuations.

Deutsche Börse’s ETC segment product range currently comprises 242 instruments. The monthly trading volume of ETCs on Xetra averages around €600 million.