Source releases four base metal T-ETCs

The range of US treasury-backed T-ETCs is linked to individual, base metal S&P GSCI Total Return indices. Source secures its commodity T-ETCs with G-7 government bonds and cash, in order to mitigate credit risk. The range is denominated in dollars, but trades on exchange in euros. The exchange-traded product provider has also released a distributing Dow Jones Euro Stoxx 50 ETF. Dividends are reinvested until distribution and are then paid semi-annually in June and September. The distributing fund, which Source launched following high demand, is a sub share class of the Dow Jones Eu...