Barclays Bank has unveiled nine iPath exchange-traded commodities (ETCs) on Xetra, the Frankfurt platform.
Seven of the nine iPath products track sub-indices of the S&P GSCI Total Return index.
These underlying indices reflect the performance of agricultural products and commodities, grains, livestock, industrial metals, precious metals and the energy sector.
Barclays has also released the iPath S&P GSCI Total Return ETN, based on the respective commodities index consisting of agricultural products, energy, livestock, industrial and precious metals.
Another of the ETCs replicates the performance of the Dow Jones-UBS Commodity index, comprising energy, liquid fuels, industrial and precious metals, grains, livestock, as well as agricultural commodities and products.
The nine ETCs, which are structured as exchange-traded notes, have a management fee of 0.75%.
The ETC segment on the Xetra exchange includes 151 products from four issuers, with monthly trading volume of around €400m.
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