Wed, Oct 22, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | ETFs / ETCs more

ETF invests in diamond and gemstone companies

Posted on 09 August 2013

Near the end of 2012 PureFunds launched GEMS (ISE Diamond/Gemstone ETF, Expense Ratio 0.69%) which is the first entrant in the ETP space that offers exposure to “invest in the full life cycle of the gemstone industry” according to fund marketing literature.
Thus, the fund invests in companies that are involved in the life cycle of diamonds and gemstones from the initial mining to retail distribution for example, and it is important to note that this is an “equity” way to play this market (sub-category of the greater Commodity Producers space) and not a way to invest in physical diamonds………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37583 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