- ETF Securities
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ETF Securities Type Private, Employee owned Industry Investment management Number of locations Jersey, London, United Kingdom, Tokyo, Japan, New-York, USA Products Exchange-traded funds, Commodities, FX Total assets US$27.5bn (31/03/2011) Employees 80+ (2011) Website www.etfsecurities.com ETF Securities is a global company based in London, UK, specialising in managing exchange-traded funds (ETFs), Exchange Traded Commodities (Commodity ETCs) and Exchange Traded Currencies (Currency ETCs)
Contents
History
ETF Securities is a provider of Exchange Traded Products (ETFs, Commodity ETCs and Currency ETCs). The management of ETF Securities pioneered the development of ETCs, with the world's first listing of an ETC, Gold Bullion Securities in Australia and London in 2003 and then the world's first entire ETC platform which was listed on the London Stock Exchange in September 2006.
ETF Securities now offers more than 250 Exchange Traded Products (ETPs). The ETPs provide investors with a wide variety of investment strategies, with ETPs offering access to asset classes such as equities, currencies and commodities with physical, long, forward, leveraged and/or short exposure.
In 2009, ETF Securities:- Announced the world's largest FX platform tracking the MSFXSM Index
- Added 5 new ETCs covering Forward Crude Oil, Cocoa, Lead, Tin and Platinum to complete its platform of long, short and leveraged Commodity ETCs
- Launched world's first precious metal physical commodity ETF platform in Japan
- Launched two physical backed Silver (SIVR) and Gold (SGOL) ETCs in USA
- Added Europe's first complete platform of double leveraged (2x) and double short (-2x) ETFs tracking Europe's main equity indices
- Listed world’s largest Exchange Traded Currency platform
In 2010, ETF Securities:- Listed the first US physically backed Platinum and Palladium exchange traded funds listed on the NYSE Arca, the listings of PPLT and PALL complements the exsiting Gold (SGOL) and Silver (SIVR) ETF listings. Combined they form the 1st physically backed precious metals platform in the US market
- Listed 10 Euro-based Currency ETCs, providing long or short exposure to the EUR versus G-10 Currencies including (CHF, GBP, JPY, NOK, and SEK)
- Listed 14 commodity ETCs on the Tokyo Stock Exchange
- Listed Europe’s first Currency ETCs on the Chinese Renminbi and Indian Rupee on the London Stock Exchange.
- Listed 16 Triple Long and Triple Short Currency ETCs on the London Stock Exchange.
- Listed world’s first physical industrial metal ETC platform.
ETPs are simple to access as they are traded in up to five currencies (EUR, USD, GBP, JPY and AUD) and listed on up to nine major exchanges globally including the London Stock Exchange, the New York Stock Exchange, the Tokyo Stock Exchange, NYSE-Euronext Paris, NYSE-Euronext Amsterdam, Deutsche Börse, Borsa Italiana, the Australian Securities Exchange and the Irish Stock Exchange.Additional ways investors can gain exposure to the market is through short, long, leveraged and forward ETCs.
Exchange Traded Commodities (Commodity ETCs)
The ETCs offered by ETF Securities and its partners include: 146 ETCs covering most energy, precious metals, industrial metals, agricultural. Baskets of commodities are offered as well as individual commodities physically backed or tracked. Below are a few examples of ETCs offered. For a full listing of ETF Securities products see [1].
1. ETFS Metal Securities Ltd and Gold Bullion Securities are issuing Physically Backed ETCs. They are designed to offer investors a simple, cost-efficient and secure way to access the precious metals market ETFS Physically backed ETCs provide access to the following precious metals: Gold, Silver, Platinum, Palladium, and Precious Metals Basket
2. ETCs issued by ETFS Oil Securities Ltd. (OSL) are designed to offer investors exposure to:
- Oil prices through different maturities and oil futures contracts
- Carbon emissions prices
3. ETCs issued by ETFS Commodity Securities Ltd. (CSL) provide investors with a wide variety of investment strategies and offer long, forward, leveraged and short exposure to all commodity sectors including Energy, Precious & Industrial Metals, Agriculture and Livestock.
4. ETCS Industrial Metal Securities Ltd offer investors exposure to physically backed Industrial Metals: Aluminium, Lead, Copper, Tin, Zinc, Nickel, and Industrial Metal basket
Exchange Traded Funds (ETFs)
in September 2008, ETF Securities launched ETF Exchange, a unique ETF platform. Enhanced by a consortium of leading global investment banks, ETF Exchange is dedicated to providing access to premium, cost-effective and flexible investment solutions.
In recent years, it has become increasingly important to consider investment ideas that are different from traditional strategies and asset classes. ETF Exchange aims to provide investors with access to a range of innovative investment solutions that may be used to diversify portfolio composition or improve risk/return profiles. From thematic strategies like agribusiness and alternative energy to daily leveraged equity strategies based on key European benchmarks, investors can choose from a variety of approaches when building investment programmes. Strategies that employ leverage carry additional risk and are only suitable for sophisticated investors with suffi cient resource, knowledge and expertise to understand and manage their positions appropriately.
All ETF Exchange funds employ total return swaps in order to replicate index performance. Often referred to as ‘synthetic replication’, this method can be more effi cient and cost-effective than conventional approaches since the fund’s counterparties are responsible for delivering index returns.
The ETF platform is now available on 5 European exchanges including the London Stock Exchange, Deutsche Borse, Borsa Italiana, NYSE Euronext and the ISE.
ETF Exchange is working with Citi, Bank Of America Merrill Lynch, Barclays Capital and Rabobank International. They are participants on the platform, acting as Approved Participants and Swap Providers.
Exchange Traded Currencies (Currency ETCs)
ETF Securities launched the world’s largest and Europe’s first Exchange Traded Currency (Currency ETCs) platform in November 2009, with the 12th November 2009 marking the first day FX could be traded on the London Stock Exchange (LSE).
Currency ETCs enable investors to gain exposure to foreign exchange movements through a listed security. Currency ETCs track currency indices which aim to reflect movements in exchange rates between two currencies, plus exposure to local interest rates. ETFS-branded currency ETCs are secured, undated, zero coupon notes that are designed to accurately track the underlying currency index. In 2010, ETF Securities expands its Currency ETCs platform with the listing of 16 Triple Long and Triple Short Currency ETCs on the London Stock Exchange. These products aim to reflect three times the daily percentage change between two currencies.
The Currency ETC platform is now listed on the London Stock Exchange, Borsa Italiana and Xetra (Deutsche Boerse) offering investors: - 58 Delta-1 Currency ETCs: 31 Long and 31 Short, USD, EUR and GBP based, exposure to G-10 currency pairs and 2 emerging market currencies (CNY and INR)versus the USD - 28 Triple Currency Long and Triple Short ETCs: 14 Triple Long and 14 Triple Short, USD, EUR and GBP based
See also
- Gold exchange-traded fund
- Silver exchange-traded fund
- Gold as an investment
- Silver as an investment
- Platinum as an investment
- Palladium as an investment
- Exchange-traded fund
References
External links
Categories:- Commodities market
- Commodities used as an investment
- Exchange-traded funds
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