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11/04/2017 14:03:04
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Börse Frankfurt News

New ETC: Brent Crude Oil ETC from BNP Paribas launched on Xetra

A new ETC tracks performance of Brent crude and offers a currency hedge.
11 April 2017. FRANKFURT (Börse Frankfurt). A new exchange traded commodity (ETC) issued by BNP Paribas Arbitrage Issuance B.V. has been tradable on Xetra and Börse Frankfurt since Tuesday.

The EUR Hedged RICI Enhanced Brent Crude Oil Total Return Index ETC enables investors to participate in the performance of Brent crude oil. The reference index comprises Brent crude oil futures contracts with differing maturities - and is denominated in US dollars. The limited term of the futures contracts requires a switch prior to expiry in exchange for a futures contract with the next expiry date (rollover). Possible losses as a result of the rollover are minimised using an optimised selection procedure. Only contracts that expire in June or December are bought for the index. A rollover takes place twice a year and takes five trading days. This currency-hedged unit class will hedge against exchange rate fluctuations between the US dollar and the euro.

Deutsche Börse’s product range in its ETF and ETP segment currently comprises 1,148 ETFs, 202 ETCs and 132 ETNs. This selection, together with an average monthly trading volume of around €13 billion, makes Xetra Europe’s leading trading venue.

Xetra® and XTF® are registered trademarks of Deutsche Börse AG.

11 April 2017, © Deutsche Börse AG
NameISIN Total expense ratio Distribution policy Benchmark
EUR Hedged RICI Enhanced Brent Crude Oil Total Return Index DE000PB6REB0 1,2% accumulating Rogers International Commodity Enhanced Brent Crude Oil Total Return Index


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