Tue, Oct 21, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | ETFs / ETCs more

World’s first diamond and gemstones ETF makes its debut

Posted on 04 December 2012

The world’s first ETF to focus on diamonds and gemstones has been launched by New Jersey-based PureFunds on the NYSE Arca. ETF Strategy reports that the PureFunds ISE Diamond/Gemstone ETF (GEMS) made its debut last week as one of three commodity-related exchange-traded funds launched simultaneously by PureFunds, a fresh entrant on the US ETF scene.
Paul Zimnisky, CEO of PureFunds, said that the ETF invests exclusively in companies that produce, refine, sell or hold gemstone inventory, in an effort to overcome traditional impediments to investment in gemstones as assets such as the absence of both spot and futures market………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37533 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031