Leverage Shares rolls out low-cost commodity ETCs on LSE

Nov 15th, 2023 | By | Category: Commodities

Leverage Shares has introduced a suite of ETCs on London Stock Exchange providing low-cost exposure to four of the world’s most traded commodities: West Texas Intermediate crude oil, Brent oil, natural gas, and copper.

Oktay Kavrak, Product Strategy at Leverage Shares

Oktay Kavrak, Director of Communications & Strategy at Leverage Shares.

Available in US dollar and pound sterling share classes, the four new products are the LS WTI Oil ETC (USD: WTI LN; GBP: WTIL LN), LS Brent Oil ETC (USD: 1BRN LN; GBP: BRNL LN), LS Natural Gas ETC (USD: NGLS LN; GBP: 1NGL LN), and LS Copper ETC (USD: CULS LN; GBP: CPER LN).

The ETCs utilize futures to gain exposure to their target commodity, continuously rolling from the current front-month contract to the next month’s contract on a predetermined schedule.

Each ETC has an expense ratio of 0.35%.

Commenting on the launch, Oktay Kavrak, Director of Communications and Strategy at Leverage Shares, said: “At Leverage Shares, we are dedicated to facilitating investor access to a broad range of asset classes. Our unique vantage point as a go-to issuer on LSE has helped us identify a demonstrated demand for competitively priced ETCs, which we’re extremely excited to bring to market.”

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