More BetaShares Commodity/Currency ETFs coming soon to the ASX

[DB008]

Hi traders,

I posted in this thread a few weeks ago in regards to a new Gold ETF that has started trading. The company that offers this is called Betashares.
http://www.betashares.com.au/

At the moment, they have 4 ETF's;
Gold
ASX Resources Sector ETF
ASX Finance Sector ETF
US Dollar ETF

Well, l e-mailed the company on what future ETF's will be available and this is the response l got back, looks good!

DB008,
Thanks for your message.

The product development team at BetaShares is currently evaluating a pipeline of new ETFs, including those in the commodities space. We will most certainly let you know as and when new products are launched.

BetaShares is committed to bringing out more product to fill the gaps currently endemic in the Australian ETF landscape, so there are indeed more ETFs on the way.

For example, on Monday we will be launching further currency ETFs in our currency series - being EEU (Euro ETF) and POU (British Pound ETF).

Many thanks,
BetaShares Client Services

 

[tothemax6]

Commodities other than precious metals would be nice. Softs etc. Hard to get direct exposure to these for a small investor.

 

[thembi]

I agree - would be nice to get more ETFs here. still find the current product set very limiting

 

[DB008]

But l think that they are moving in the right direction...

 

[DB008]

As promised by Betashares, 2 new products launched today

Pound vs AUD
Euro vs AUD


Here is a link to the PDF
http://cms.betashares.com.au/cms-admin/_images/10841103084e18f941d5d8f.pdf

Fingers crossed more to come (Silver/Gold/Oil would be nice)...

 

[DB008]

I can bring up asx:QAU on Google Finance and it does get traded (and can see volume), but can't seem to trade it with my broker online (St George Direct Shares ~ eTrade).

Does anybody else have this problem?

 

[drillinto]

Recent Key ETF Performance

Commodity ETFs are on the right hand column
http://www.bespokeinvest.com/thinkbig/2011/9/12/recent-key-etf-performance.html

vvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvv

 

[drillinto]

US ETFs: A disastrous quarter
EWA(Australia ETF) was down -22.99% in the third quarter.

http://www.bespokeinvest.com/thinkbig/2011/10/1/a-disastrous-quarter.html
*******

 

[DB008]

Euro ETF has been added to Betashares (asx:EUU)

Oil ETF coming soon to Betashares (asx:OOO)

Copper ETF coming soon to Betashares (asx:QCP)

Betashares Capital Limited ASX Announcement

 

[sinner]

Euro ETF has been added to Betashares (asx:EUU)

Oil ETF coming soon to Betashares (asx:OOO)

Copper ETF coming soon to Betashares (asx:QCP)

Betashares Capital Limited ASX Announcement

I looked at these last night after a friend linked me a story regarding QCP. All the funds seem to be administered by JP Morgan or RBC Dexia?

Hardly paragons of financial prudence, and while I would feel more comfortable buying USD.ASX USD in a JP Morgan bank, I feel less comfortable about the equivalent EUU putting EUR in a RBC Dexia bank?

I would love to own QCP for the next 13 months, but realistically, if it's administered by Dexia or JPM, I would rather buy some call options on copper futures.

 

[thembi]

Just to let you know, the EEU (Euro ETF) has Euros held with JP Morgan, not RBC Dexia. RBC Dexia acts as the administrator and custodian to the fund, not the bank depositary.

Also, when fund managers talk about custodians such as RBC Dexia it means that the assets held by custodians are held in custody (i.e. the assets are not part of the assets of the bank). This means that they are held for the benefit of the unitholders and the 'health' of the bank has no bearing on the custodial assets.

What do people think about the Oil ETF?

 

[DB008]

themib, what banks are safe in this day and age?

asx:OOO factsheet

View attachment OOO_30September2011[1] copy.pdf

 

[sinner]

Just to let you know, the EEU (Euro ETF) has Euros held with JP Morgan, not RBC Dexia.

My bad, thanks for picking that up.

What do people think about the Oil ETF?

Depends how it's structured, doesn't it? If it's always rolling contracts like NYSE:USO I probably won't be interested. But I heard there is another US oil ETF (can't remember the name) which is structured to spread the investment out over 12 months worth of futures/swaps contracts...probably more interested in something like that.

 

[Billyb]

My understanding is that there will be a mixed agricultural ETF coming soon too.

Only a good thing for the average retail investors.

 

[DB008]

My understanding is that there will be a mixed agricultural ETF coming soon too.

Only a good thing for the average retail investors.

Billyb, if l get any more info regarding ETF's, l'll post on ASF

 

[thembi]

The oil ETF started trading today under ASX code OOO, fyi

 

[DB008]

Got e-mail from Betashares this morning

BetaShares today announced the launch of the first oil exchange traded fund (ETF) on the Australian Securities Exchange – expanding the investment options available to Australian retail and institutional investors.

The ETF, which will trade under the ASX code “OOO”, aims to track the performance of the S&P GSCI Crude Oil Index.

The Index tracks the performance of West Texas Intermediate (“WTI”) crude oil futures traded on the New York Mercantile Exchange.

The ETF is currency hedged, substantially eliminating the impact of movements in the AUD/USD exchange rate to provide a purer oil exposure.

Prior to the introduction of this ETF, the only way for investors to gain access to the performance of oil was via complicated instruments such as futures or CFDs, or indirectly via shares in oil companies.

The launch of Australia’s first oil ETF is in line with the company’s goals of increasing product choice for Australian investors and delivering exposure to asset classes previously difficult to access.

 

[DB008]

Betashares launches Agriculture ETF (asx:QAG)

• Corn
• Wheat
• Sugar
• Soybeans

From the facts sheet;

Investment Objective


The BetaShares Agriculture ETF aims to track the performance of the S&P GSCI Agriculture Enhanced Select Index Excess Return, with a currency hedge against movements in the AUD/USD exchange rate, plus an interest component, before fees and expenses.

The ETF allows investors to gain exposure to the performance of a basket of agricultural commodities without the need to invest in the futures market or take physical delivery of commodities.

In addition, as commodities globally are priced in U.S. dollars, the ETF will hedge substantially all of its U.S. dollar exposure back to the Australian dollar, in order to reduce currency risk for Australian investors. This provides investors with a “purer” exposure to commodities prices, irrespective of the fluctuations of the currency markets.

View attachment Betashares Ag ETF.pdf

 

[thembi]

Thanks for the update - will check these out

 

[DB008]

Got another e-mail from Betashares today.

A commodity basket has been launched by Betashares.

Factsheet here

==Code==
asx:QCB

The S&P GSCI Light Energy Index is a broadly inclusive index that contains 24 commodities from all commodity sectors that meet certain eligibility requirements: six energy products, seven metals, eight agricultural and three livestock products. This broad range of constituents provides a high level of diversification across the commodity sector.

Looks like a copper ETF (asx:QCP) is in the works too.