Alt Investments
Four New ETFs From iShares Expand Commodity Range
iShares, the exchange-traded funds platform of BlackRock, has launched four ETFs that use its proprietary swap-based platform.
The S&P GSCI Dynamic Roll Agriculture Swap, S&P GSCI Dynamic Roll Energy Swap, S&P GSCI Dynamic Roll Industrial Metals Swap and S&P GSCI Dynamic Roll Commodity Swap ETFs are now listed on the London Stock Exchange. They are intended to offer diversified exposure to agriculture, energy, industrial metals and the broad commodity market.
The UCITS-compliant funds have features aimed at providing transparency and investor protection. These include the diversification of swap positions among multiple swap counterparties unaffiliated with BlackRock, management of counterparty exposure through over-collateralisation and the availability to investors of detailed product information, updated daily.