Since Tuesday, an ETC issued by the provider Standard Commodities Limited, the ETC platform of the Royal Bank of Scotland, …..
has been tradable for the first time on Xetra®. Standard Commodities Limited is the sixth issuer to be included in the ETC segment of Deutsche Börse.
ETC name: RBS physical Gold ETC
Asset class: commodities
ISIN: DE000A1EDJ96
Management fee: 0.29 percent
Benchmark: Gold PM Fixing
The RBS physical Gold ETC offers investors the opportunity to participate in the performance of the London Gold Market AM fix price in US dollars. The ETC is traded in euros. The RBS physical Gold ETC is an exchange-traded bond backed by physically deposited gold.
Deutsche Börse’s ETC segment product range currently comprises 161 instruments. The monthly trading volume of ETCs on Xetra averages around €440 million.
Source:ETFWorld – Deutsche Börse AG
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