ETFS Brent Oil 1 month ETC
SpecialistThis 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
Data provided by Morningstar.
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