HONG KONG, Nov. 26, 2012 /PRNewswire/ --
Important:
ETF Securities (HK) Limited, a subsidiary of ETF Securities Group which is one of the world's leading independent providers of exchange-traded investment products and a pioneer in commodities, set to list three new Exchange Traded Funds (ETFs) designed to provide investors with exposure to precious metals. The new ETFs are ETFS Physical Gold ETF (2830 HK), ETFS Physical Silver ETF (3117 HK)and ETFS Physical Platinum ETF (3119 HK) primarily backed by physical metals held in secure vaults and will be listed on The Stock Exchange of Hong Kong on 28 November 2012.
General features of a physical precious metal ETF are:
Fred Jheon, Managing Director and Head of Asia Pacific for ETF Securities (HK) Limited comments: "We are very excited by the prospect of providing precious metals exposure to investors in the region. Those who are seeking convenient and cost-effective access to physical precious metals now have additional choices. The Hong Kong ETF market is expanding rapidly as awareness and understanding of these products continues to grow. Yet we believe that the commodities sector is currently under-represented. As a pioneer in developing commodity investment solutions, we were ideally placed to launch a suite of precious metal ETFs in Hong Kong."
About ETF Securities Group
ETF Securities Group is a leading, independent exchange-traded products provider with expertise in commodities. It is dedicated to developing liquid, transparent investment solutions that can be traded on world stock exchanges.
The Group has a strong history of product innovation and this remains a key tenet of its guiding philosophy. The Group's management team listed the world's first gold exchange-traded commodity in 2003, and many other market-leading investment solutions have since followed. Today ETF Securities Group offers what is believed to be the world's most comprehensive range of exchange-traded commodities and as of September 2012 was responsible for US$29.9 billion in global investor assets (Source: ETF Securities Group).
To learn more about ETF Securities Group please visit www.etfsecurities.com.
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