ETFS Brent Oil 1 month ETC

Specialist

This exchange traded commodity is designed to give investors exposure to movements in the price of 1 month Brent crude oil futures contracts plus a collateral yield. The exposure is obtained through fully funded uncollateralised swaps with Shell Trading Switzerland, a member of the Royal Dutch Shell Group. Total return may be adversely or beneficially affected by the ''roll yield''. This is determined by whether the futures market is in ''backwardation'' or ''contango''. Ongoing charges are 0.49 per cent.See all Money Observer rated funds
Name
ETFS Brent Oil 1 month ETC
Manager
ETFS Oil Securities Ltd
Type
Exchange traded product
ISIN
GB00B0CTWC01
Category
Commodities - Energy
Launched
25/07/2005
3 Year Sharpe
0.48
Yield
0 %
Benchmark
ICE 1 M Brent oil futures TR USD
ETFS Brent 1mth (OILB) is designed to enable investors to gain a total return exposure to movements in the price of ICE 1 month Brent oil futures contracts plus a collateral yield. The exposure is obtained through fully funded uncollateralised swaps with Shell Trading Switzerland AG, a member of the Royal Dutch Shell Group. OILB is an exchange traded commodity ("ETC"). Its securities can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company.
Name
ETFS Oil Securities Ltd
Address
Jersey
Legal Structure
Collateralized Debt Instrument

Managers

Not Disclosed
Joined 07/25/2005

Data provided by Morningstar.

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