Deutsche Bank has launched an exchange-traded commodity (ETC) providing exposure to the price of uranium on the London Stock Exchange.
The db Uranium ETC is a note issued by Deutsche Bank and is over-collateralised by 109% with gold. The product, which has a total expense ratio (TER) of 1.5%, joins the bank's range of energy products, including its Brent Crude Oil Booster Euro Hedged ETC, Natural Gas Booster ETC and WTI Crude Oil Booster ETC. The db Uranium ETC has a value of $102.63 as of 5 January
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes