New Products
Boost Unveils Unleveraged Exchange-Traded Commodities On London Stock Exchange

US-based exchange-traded fund firm WisdomTree has unveiled four new London-listed unleveraged exchange-traded commodities through its Boost platform.
UK-based exchange traded product provider Boost, part of WisdomTree Investments, has listed its first unleveraged exchange-traded commodity products on the London Stock Exchange.
The launch seeks to meet the upswing in demand for exchange-traded commodities from investors who seek longer-term returns, the firm said, particularly in light of recent price declines in the oil market.
The four new ETCs, available through the Boost exchange-traded product range, are WTI Oil, Brent Oil, Gold and Natural Gas. They all carry a total expense ratio of 0.25 per cent.
The two oil ETCs provide access to the West Texas Intermediate and Brent Crude oil benchmarks.
“On the back of record demand for oil ETCs, Boost is offering four new unleveraged oil ETCs, two of which are tracking the world’s two most liquid oil benchmarks of WTI and Brent,” said the co-chief executive at WisdomTree Europe, Hector McNeil.
“The London Stock Exchange was the home of Europe’s first oil ETCs and unleveraged ETCs trade three times more on the LSE than any other European exchange.”
There are $2 billion invested in unleveraged oil ETCs in Europe and $23 billion in unleveraged gold ETCs and ETFs, according to Boost.
WisdomTree Europe, the regional subsidiary of the exchange-traded fund firm is a specialist in short and leverage ETPs but aims to capture both short term and longer term interests with its first unleveraged ETC range.
“With commodity prices off their highs as well as the potential diversification properties of commodities in a portfolio, unleveraged ETCs are a useful addition to Boost’s ETC platform,” the firm said.
Boost reached $324 million in assets under management in March. It currently offers 57 ETPs and ETCs across four exchanges, covering major benchmarks in equities, commodities, fixed income and currencies.