By Ben Collins
ETF Securities has released 10 new exchange traded products that aim to provide direct exposure so the commodities boom.
The ten new exchange traded commodities products have been listed on the Australian Securities Exchange (ASX), bringing the total number listed to 15.
“Historically, gaining exposure to this asset class was typically achieved by investing in the shares of mining and resource companies or, for investors with adequate expertise, commodity futures markets,” said Fred Jheon, managing director, Asia Pacific, ETF Securities.
“ETCs provide a convenient, transparent and liquid solution to investors seeking more direct exposure.”
The products are structured as deferred purchase agreements based on the commodity ETCs that have been issued by ETF Securities since 2006. Five of the new ETCs provide exposure to individual commodities such as Brent crude oil.
For investors seeking broader exposure to this asset class, ETF Securities said four ETCs aim to replicate the performance of commodity baskets, in sectors such as energy and agriculture.
The ETFS All Commodities (CSP) provides exposure to 20 different commodities across a range of sectors, which ETF Securities said affords even greater opportunity for diversification.
The ten new ETCs are designed to reflect the performance of the Dow Jones-UBS Commodity Index and its sub-indexes. ETF Securities is an exchange-traded products provider specialising in commodities with US$26.9bn in AUM at 31 March 2012.