{"id":14111,"date":"2013-07-15T07:00:00","date_gmt":"2013-07-15T06:00:00","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.co.uk\/index.php\/2013\/07\/15\/boost-etp-launches-europe-s-first-short-and-leveraged-palladium-exchange-traded-commodities-etcs\/"},"modified":"2013-07-15T07:00:00","modified_gmt":"2013-07-15T06:00:00","slug":"boost-etp-launches-europe-s-first-short-and-leveraged-palladium-exchange-traded-commodities-etcs","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/nl\/boost-etp-launches-europe-s-first-short-and-leveraged-palladium-exchange-traded-commodities-etcs\/","title":{"rendered":"Boost ETP launches Europe\u2019s first Short and Leveraged palladium Exchange Traded Commodities (ETCs)"},"content":{"rendered":"<p style=\"text-align: justify;\"><span>First European 1x Short and 2x Leveraged palladium ETCs listed on LSE <\/span>&#8230;&#8230;<\/p>\n<p>  <!--more-->  <\/p>\n<ul><\/ul>\n<ol><\/ol>\n<hr \/>\n<p style=\"text-align: justify;\">Sign up for our weekly Newsletter and receive the latest ETF and ETC news.<a href=\"index.php?option=com_acymailing&amp;view=user&amp;Itemid=1016\"><strong> Click here to register for your free copy <\/strong><\/a><\/p>\n<hr style=\"text-align: justify;\" \/>\n<p style=\"text-align: justify;\"><span>7 new gold, silver and natural gas Short &amp; Leveraged (S&amp;L) ETPs added to existing 3x Short and 3x Leveraged ETCs<\/span><\/p>\n<p style=\"text-align: justify;\"><span>BOOST ETP the award winning and independent exchange-traded product (ETP) provider has listed nine new ETCs on the London Stock Exchange. These new ETCs will track indices from the NASDAQ Commodity Index FamilySM. For the first time, ETCs tracking palladium will be available in Europe: Boost Palladium 1x Short Daily ETP (1PAS) and Boost Palladium 2x Leverage Daily ETP (2PAL).&nbsp;<\/span><\/p>\n<p style=\"text-align: justify;\"><span>The automotive sector consumes approximately 67% of world palladium supply, primarily for making catalytic converters. As the number of light vehicle cars is expected to grow by 23% to exceed 100 million by 2017, the demand for palladium in both developed and emerging market economies is expected to remain strong. Moreover, concerns over depleted stock levels in Russia, labour disputes with mine workers in South Africa and an industry under pressure to consolidate as production costs exceed palladium spot price have translated into a global palladium supply shortfall of 6% .&nbsp;<\/span><\/p>\n<p style=\"text-align: justify;\"><span>YTD (to June 30th) palladium is down 6.4%. In comparison, copper and aluminium are down 14% while silver, a precious metal with significant industrial use, is down 35%. Since 2008 however, palladium is up 80% while copper and aluminium have fallen by 2% and 25%, respectively. If industrial metals have largely been a play on China, palladium has been reaping the rewards of its application in innovative technologies and jewellery production.<\/span><\/p>\n<p style=\"text-align: justify;\"><span>The new ETPs provide S&amp;L exposures to daily changes in the indices from the NASDAQ Commodity Index FamilySM. For example, if palladium rises by 1% on a particular day, then Boost Palladium 2x Leverage Daily ETP (2PAL) ) will rise by 2% and Boost Palladium 1x Short Daily ETP (1PAS) will fall by 1%. However, if palladium falls by 1%, then 2PAL will fall by 2% and 1PAS will rise by 1%.<\/span><\/p>\n<p style=\"text-align: justify;\"><span>In addition, Boost is launching additional leverages (-2x and 2x, and also -1x for gold) to complement its existing suite of ETCs tracking gold, silver and natural gas. Gold, silver and natural gas have been some of the most heavily traded ETCs in Europe, and now with a wider range of leverages available, investors\u2019 choice of investment strategies has been broadened.,<\/span><\/p>\n<p style=\"text-align: justify;\"><span>Given the recent collapse in precious metal prices, Boost\u2019s range of 3x short and 3x leverage ETCs have been extremely strong performers. YTD Boost Silver 3x Short Daily ETP (3SIS) is up 128% and Boost Gold 3x Short Daily ETP (3GOS) is up 130% .<\/span><\/p>\n<p style=\"text-align: justify;\"><span>Demand for transparent Short and Leveraged (\u201cS&amp;L\u201d) ETPs has increased over the past few years with global S&amp;L ETP assets rising to $51bn , as many financial markets have trended sideways, resulting in poor long term returns.&nbsp;<\/span><\/p>\n<p style=\"text-align: justify;\"><strong>Boost ETP\u2019s new ETCs are:<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>Product <\/strong><span><strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span>LSE Code <span>&nbsp;&nbsp;<\/span><strong>Leverage Factor&nbsp;<\/strong><\/p>\n<p style=\"text-align: justify;\"><span><strong>Boost Palladium 1x Short Daily ETP <\/strong><span><strong>&nbsp;<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span>1PAS <span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><strong>-1x<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span><strong>Boost Palladium 2x Leverage Daily ETP<\/strong> <span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span>2PAL <span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><strong>+2x<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span><strong>Boost Gold 2x Short Daily ETP <\/strong><span><strong>&nbsp;<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;<\/span><span> <\/span>2GOS <span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong>&nbsp; <\/strong><\/span><strong>-2x<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span><strong>Boost Gold 1x Short Daily ETP <\/strong><span><strong>&nbsp;<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span>1GOS <span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><strong>-1x<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span><strong>Boost Gold 2x Leverage Daily ETP<\/strong> <span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span>2GOL <span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><strong>+2x<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span><strong>Boost Silver 2x Short Daily ETP <\/strong><span><strong>&nbsp;<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span>2SIS <span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><strong>-2x<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span><strong>Boost Silver 2x Leverage Daily ETP<\/strong> <span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span>2SIL <span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><strong>+2x<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span><strong>Boost Natural Gas 2x Short Daily ETP<\/strong> <span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span>2NGS <span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><strong>-2x<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span><strong>Boost Natural Gas 2x Leverage Daily ETP<\/strong> <span>&nbsp;&nbsp;&nbsp;&nbsp; <\/span>2NGL <span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><strong>+2x<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><strong>Hector McNeil, Co-CEO, commented:&nbsp;<\/strong><\/p>\n<p style=\"text-align: justify;\"><span>\u201cWe have worked very closely with NASDAQ OMX on the listing of our new products. Since 2008, the palladium price has risen 80%, despite copper and aluminium prices falling by 2% and 25%, respectively. China\u2019s growth, the developments in the autocatalytic converter market for cars, and the rebound in the world economy, makes palladium a very interesting metal for investors. Boost Palladium 1x Short Daily ETP (1PAS) and Boost Palladium 2x Leverage Daily ETP (2PAL) will be valuable additions to investors\u2019 investment opportunity set. With the addition of new leverage factors in gold, silver and natural gas, we continue to add further depth to the Boost platform.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span><strong>John Jacobs, NASDAQ OMX EVP and Head of NASDAQ OMX Global Indexes commented<\/strong>:<\/span><\/p>\n<p style=\"text-align: justify;\"><span>\u201cBoost ETP has again succeeded in leveraging our indexes to quickly and efficiently develop innovative products for a wide range of investors.\u201d<\/span><\/p>\n<p>Source: ETFWorld.co.uk<\/p>\n<p style=\"text-align: justify;\">&nbsp;<\/p>\n<p style=\"text-align: center;\">&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>First European 1x Short and 2x Leveraged palladium ETCs listed on LSE &#8230;&#8230;<\/p>\n","protected":false},"author":3,"featured_media":17403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[39],"tags":[],"class_list":["post-14111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etc-etc"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/14111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/comments?post=14111"}],"version-history":[{"count":0,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/14111\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media\/17403"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media?parent=14111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/categories?post=14111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/tags?post=14111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}