ETFS releases four ETCs

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ETF Securities (ETFS) has released four ETCs offering exposure to cocoa, lead, tin and platinum on the London Stock Exchange (LSE).

The range of ETCs tracks the Dow Jones-UBS Commodity indices, which are priced off the relevant commodities futures contracts. The DJ-UBS Cocoa Total Return index was up 60% in the 12 months to November, according to ETFS. The issuer says supply shortages among other factors have been supporting cocoa prices recently. The underlying tin index increased by 48% in the 12 months to November, while the platinum and lead indices increased by 41% and 34% respectively. ETFS says demand for tin and lead in the coming years will largely stem from China, which is also seeing strong trend growth...

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