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Source launches commodity ETF on Xetra

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Source has launched a commodity index exchange traded fund – The Source Bloomberg Commodity ex-Agriculture UCITS ETF – on Xetra and Börse Frankfurt.

 
The Source Bloomberg Commodity ex-Agriculture UCITS ETF enables investors to participate in the performance of a commodity basket comprising eleven commodities from the energy, industrial metals and precious metals sectors.
 
It excludes agricultural products such as grains, livestock and soft commodities.
 
The components of the reference index are evaluated and selected based on four criteria: economic significance, diversification, continuity and liquidity. The index is adjusted once a year.

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