Since Thursday, five new Exchange Traded Commodities (ETCs) of Société Générale are tradable on Xetra and via the trading venue Börse Frankfurt.
These ETCs offer investors the opportunity to invest in the performance of futures contracts on individual commodities. New products from the energy sector are petrol, crude oil, and heating oil as well as coffee and copper. The offered products are fully collateralised.
Due to the roll-over mechanism, futures contracts generate roll yields that can have a positive or negative impact on performance. This is due to the fact that futures contracts have a limited term and must be exchanged for the next-maturity futures contract before maturity in order to prevent physical delivery of the commodity represented. This results in rolling profits or rolling losses, depending on whether the futures contract bought is cheaper or more expensive than the one sold.
|Name||Asset class||ISIN||Ongoing charges||Underlying|
|ETC Low Sulphur Gasoil Futures||ETC||DE000ETC0811||0.80 per cent||Low Sulphur Gasoil Futures-Kontrakt|
|ETC RBOB Gasoline Futures||ETC||DE000ETC0852||0.80 per cent||RBOB Gasoline Futures-Kontrakt|
|ETC NY Harbor ULSD Heating Oil Futures||ETC||DE000ETC0860||0.80 per cent||NY Harbor ULSD Heating Oil Futures-Kontrakt|
|ETC Coffee “C” Futures||ETC||DE000ETC0829||1.20 per cent||Coffee “C” Futures-Kontrakt|
|ETC COMEX Copper Futures (HG)||ETC||DE000ETC0787||0.90 per cent||COMEX Copper Futures (HG)-Kontrakt|
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,047 ETFs, 187 ETCs and 238 ETNs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.