BOOST ETP has launched nine new leveraged and inverse ETPs in the United Kingdom that are based on indexes in the NASDAQ Commodity Index Family. These are the second set of BOOST ETP products linked to this family, bringing the total number of BOOST NASDAQ Commodity Index linked products to 25.
Product LSE Code Leverage Factor
Boost Palladium 1x Short Daily ETP 1PAS -1x
Boost Palladium 2x Leverage Daily ETP 2PAL +2x
Boost Gold 2x Short Daily ETP 2GOS -2x
Boost Gold 1x Short Daily ETP 1GOS -1x
Boost Gold 2x Leverage Daily ETP 2GOL +2x
Boost Silver 2x Short Daily ETP 2SIS -2x
Boost Silver 2x Leverage Daily ETP 2SIL +2x
Boost Natural Gas 2x Short Daily ETP 2NGS -2x
Boost Natural Gas 2x Leverage Daily ETP 2NGL +2x
“The introduction of these commodity ETPs reaffirms the success of our index construction and our rules-based, objective and transparent index methodology,” said John Jacobs, NASDAQ OMX EVP and Head of Global Information Services. “BOOST ETP has again succeeded in leveraging our indexes to quickly and efficiently develop innovative products for a wide range of investors.”
Global assets under management for short and leveraged ETPs increased 12% to $49.3 billion this year through May 31, 2013, according to BOOST ETP.
Read our press release, BOOST ETP’s education resources, or visit our Commodity Indexes page for more information.