New Xtrackers ETC on Xetra: Direct access to platinum
New Xtrackers ETC on Xetra: Direct access to platinum
Since Tuesday a new Exchange Traded Commodity (ETC) issued by Xtrackers ETC is tradable via Xetra and Börse Frankfurt.
Xtrackers IE Physical Platinum EUR Hedged ETC Securities gives investors the opportunity to participate in the performance of the platinum price. It is an exchange-traded bond that is backed by physically deposited platinum. Investors are hedged against currency risks against the Euro.
Name | Asset class | ISIN | Ongoing charges | Reference index |
Xtrackers IE Physical Platinum EUR Hedged ETC Securities | Commodity-ETC | DE000A2UDH63 | 0.73 per cent | Spot Price Platinum (LBMA) |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,560 ETFs and 191 ETPs. With this selection and an average monthly trading volume of around €13 billion, Xetra is the leading trading venue for ETFs in Europe.