The five best performing exchange-traded funds, products and commodities in 2013 listed on the London Stock Exchange (LSE) were Boost ETPs providing leveraged exposure to equities and short exposure to precious metals.
The top ETP on the LSE in 2013 was Boost Nasdaq 100 3x Leverage Daily ETP (QQQ3), which returned 136.8 per cent, and the second best performer was Boost Russell 1000 3x Leverage Daily ETP (3USL), which returned 118.3 per cent.
As increasing risk appetite drove investors into the rising equity market, safe haven assets such as gold and silver suffered; Boost Gold 3x Short Daily ETP (3GOS) and Boost Silver 3x Short Daily ETP (3SIS) gained 100.9 per cent and 96.1 per cent, respectively.
The fifth best performer was the Boost LevDAX 3x Daily ETP, with a return of 79.2 per cent.
Globally, investors continued to increase their usage of short and leveraged ETPs in 2013. Global S&L ETP assets rose by USD10bn (22 per cent) in 2013 to a record USD54.8bn.
Nik Bienkowski, co-chief executive of Boost ETP, says: “Globally, investors continue to increase their usage of short & leveraged ETPs. Global S&L ETP assets have risen by USD10bn (22 per cent) in 2013 to a record USD54.8 bn. Demand for S&L ETPs was also reflected in Boost ETP’s AUM having more than doubled in the second half of 2013. In total, there is USD36.7bn of assets held in S&L equity ETPs and USD3.7bn of assets held in S&L commodity ETCs globally.”
