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XACT launches commodity ETF on Stockholm Stock Exchange

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XACT Fonder has listed an exchange-traded fund on the Stockholm Stock Exchange which tracks the price of 15 commodities, including oil, electricity, pulp and gold.

XACT Ravaror is the first ETF that combines global exposure with a Nordic focus, offering electricity and paper pulp in the commodity mix.

Henrik Noren, managing director of XACT Fonder, says: “Our new ETF offers investors a unique opportunity to invest in a product that combines the traditional fund’s risk sharing with the stock trading opportunities for a low fee.”

The fund follows the SHB Commodity Index Excess Return, which this year rose by 41.6 per cent.

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