Xact releases first commodity ETF in Stockholm

The Xact Ravaror fund offers global exposure, but with a clear Nordic focus, by investing in electricity and paper pulp within the commodities group. Xact Fonder managing director Henrik Norén says: "For those who believe in yet another cold winter, Xact Ravaror offers an interesting investment opportunity. The price of electricity rises with the cold, which will also be reflected in the fund performance." The underlying SHB Commodity Index Excess Return comprises gasoline, diesel, crude oil, electricity, copper, aluminium, gold, soybeans, zinc, wheat, cattle, silver, pulp, pork and n...