Experts predict wave of commodity spread ETFs
An influx of commodity-based exchange-traded funds (ETFs) could sweep the market, after Canadian investment firm Jovian Capital Corp’s ETF unit BetaPro Management launched the first ever commodity spread ETF this month, signalling the growing range of ETF appetite, says analysts.
"ETFs were only introduced a few years ago, so there is a lot of room for commodity-based products and we're starting to see more interest in this area," says Andrey Kryuchenkov at investment house VTB Capital. "This year we've seen amazing interest from the investor community for platinum and palladium ETFs. Investors have a taste now for commodities."
An ETF is an investment fund that holds a
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