October 18, 2011 at 05:00 AM EDT
VelocityShares Debuts Leveraged Precious Metals ETNs
VelocityShares, the issuer behind several popular ETNs linked to volatility-based indexes, made a big expansion to its product lineup this week with the launch of eight notes offering leveraged exposure to various precious metals. The new additions include both long and inverse offerings covering gold (3x), silver (3x), platinum (2x), and palladium (2x). Each of the new products is a first-to-market offering; the gold and silver ETNs represent the fist time 3x daily exposure has been available to those metals, while the platinum and palladium products are the first to offer leveraged or inverse exposure to those metals [for analysis of all new ETFs, sign up for the free ETFdb newsletter]: Ticker ETF Index UGLD 3x Long Gold ETN S&P GSCI Gold Index (300%) DGLD 3x Inverse Gold ETN S&P GSCI Gold Index (-300%) USLV 3x Long Silver ETN S&P GSCI Silver Index (300%) DSLV 3x Inverse Silver ETN S&P [...] Click here to read the original article on ETFdb.com. Related Posts: Commodity ETFs: It Takes Two To Contango Gold ETFs: Boom Or Bust? Ten Most Successful New ETFs Of 2010 Physical Platinum ETF (PPLT), Palladium ETF (PALL) Launch ETF Plays For $3,000 Gold
VelocityShares, the issuer behind several popular ETNs linked to volatility-based indexes, made a big expansion to its product lineup this week with the launch of eight notes offering leveraged exposure to various precious metals. The new additions include both long and inverse offerings covering gold (3x), silver (3x), platinum (2x), and palladium (2x). Each of the new products is a first-to-market offering; the gold and silver ETNs represent the fist time 3x daily exposure has been available to those metals, while the platinum and palladium products are the first to offer leveraged or inverse exposure to those metals [for analysis of all new ETFs, sign up for the free ETFdb newsletter]: Ticker ETF Index UGLD 3x Long Gold ETN S&P GSCI Gold Index (300%) DGLD 3x Inverse Gold ETN S&P GSCI Gold Index (-300%) USLV 3x Long Silver ETN S&P GSCI Silver Index (300%) DSLV 3x Inverse Silver ETN S&P [...]

Click here to read the original article on ETFdb.com.

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