The independent exchange-traded product (ETP) provider unveiled ETCs offering triple-leveraged long and short exposure to five of the most liquid and closely followed commodity indices.
The commodities tracked by new ETCs are WTI oil, gold, copper, natural gas and silver. The products follow the daily movements of their relevant indices.
Hector McNeil, co-chief executive of Boost ETP said: “The ten new 3x leveraged and 3x short ETCs are valuable additions to our platform, providing access to some of the most liquid commodity market benchmarks.
“It is important that Boost provides a comprehensive multi-asset platform for investors so that they can access the markets they want and to take advantage of trading and hedging opportunities as they occur.”
Last week, the firm listed eight products giving triple-leveraged long and short exposure to the US NASDAQ and Russell 1000, Europe’s Euro Stoxx 50 and the German Dax. They joined two existing products giving triple-leveraged long and short exposure to the UK stock market.
McNeil added: “We are very excited at being able to offer 20 new products within two weeks.
“By adding commodity products to equities in such a short space of time Boost is clearly showing its ability to innovate and bring added value investment products to the market. Investors can now trade cross asset class actively when needed.”
