Rabobank eyes commodity ETF offering

The main ETF Rabobank is considering working with ETFX on is its S-Net ITG Global Agri Business Fund, which currently trades on a number of European exchanges under the ticker AGRI. The S-Net index, which includes roughly 30 companies principally engaged in agriculture, has seen cumulative growth of nearly 150% over the past five years. Rabobank is looking at this tracker, among several other thematic ETFs within the ETFX platform that are aligned with Rabobank's core business and values – largely food, agriculture and sustainability. Rabobank head of ETFs Matthew Carr says the bank...