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Copper ETFs, funds of a different kind?

Posted on 06 December 2012

Looking at the historical performance of ETF Securities’ physically backed copper fund, you might wonder why the proposed launch of two more is generating so much opposition among copper fabricators. The UK specialist in exchange-traded funds (ETF) was the first to extend what is now a major precious metals investment product into the base metals arena.
It launched three ETFs backed by physical metal - copper, nickel and tin - in December 2010. In May 2011 the suite was extended to the other three base metals traded on the London Metal Exchange (LME): aluminium, lead and zinc………………………………………..Full Article: Source

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VRS - who has written 38561 posts on Opalesque Commodities Briefing.


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