The launches mark the first time exchange-traded funds (ETFs) have targeted leveraged daily exposure to platinum and palladium, ProShares said.
American ETF issuer ProShares has expanded its commodity range with the launch of funds targeting leveraged exposure to platinum, palladium and copper. The firm now offers 11 geared commodity ETFs The firm said that the launches mark the first time ETFs have been introduced that seek to deliver twice the daily performance of platinum and palladium, while also extending leveraged coverage to copper. The funds introduced include the ProShares Ultra Plati