Bringing you live news and features since 2006 

BNP Paribas launches new energy and industrial metals ETCs on Xetra


Eight new exchange traded commodities (ETCs) from BNP Paribas Arbitrage Issuance are now trading via Xetra and Börse Frankfurt.

The new ETCs offer investors the opportunity to participate in the performance of forward contracts on individual industrial metals and commodities from the energy sector. The respective contracts are traded on the London Metal Exchange (LME) and relate to aluminium, lead, zinc and tin as well as petrol, heating oil and heavy oil.
The BNPP RICI Enhanced Metals (ER) Index EUR Hedge ETC tracks a basket of industrial and precious metals. This basket contains aluminium, lead, copper, nickel, zinc, tin as well as gold, palladium, platinum and silver.
As futures contracts have a limited term, they are generally exchanged before maturity for the futures contract with the closest maturity date (so-called “roll-over”). This roll-over process can result in losses if the commodity price rises less sharply than the price of the next due forward contract. In order to avoid possible negative influences from the rollover process, an optimised selection procedure is used.
The ETCs, which are hedged against fluctuations in the US dollar against the euro, are:
BNPP RICI Enhanced Aluminum (ER) Index EUR Hedge ETC
BNPP RICI Enhanced Gas Oil (ER) Index EUR Hedge ETC
BNPP RICI Enhanced Gasoline (ER) Index EUR Hedge ETC
BNPP RICI Enhanced Heating Oil (ER) Index EUR Hedge ETC
BNPP RICI Enhanced Lead (ER) Index EUR Hedge ETC
BNPP RICI Enhanced Metals (ER) Index EUR Hedge ETC
BNPP RICI Enhanced Tin (ER) Index EUR Hedge ETC
BNPP RICI Enhanced Zinc (ER) Index EUR Hedge ETC

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Jigna Gibb, Bloomberg
Bloomberg Indices has recently hired Jigna Gibb as Head of Commodities and Crypto Index Products, to lead its commodities and...
Robert Minter, director of ETF investment strategy at abrdn takes a look at passive investing in commodities and shares his...
Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by