February 09, 2012 at 06:00 AM EST
VelocityShares Launches 8 Leveraged ETNs
VelocityShares has significantly increased its leveraged ETP lineup, recently announcing eight new products that offer amplified exposure to various natural resources. The new ETNs will offer 3x and -3x exposure to natural gas, crude oil, and Brent crude, as well as 2x and -2x products targeting indexes comprised of copper futures. The new ETNs will join a VelocityShares lineup that already includes products offering leveraged exposure to gold (UGLD, DGLD), silver (USLV, DSLV), platinum (LPLT, IPLT), and palladium (LPAL, IPAL). Each of the products will be lined to indexes comprised of futures contracts on the underlying commodities, and each will be structured as exchange-traded notes issued by Credit Suisse. That means that investors will be exposed to the credit risk of the issuing institution, but will avoid the tracking error that can become significant in futures-based products that utilize leverage. Ticker Name DOIL 3x Inverse Brent Crude ETN linked to [...] Click here to read the original article on ETFdb.com. Related Posts: 2011: A Year Of ETF Firsts October ETF Roundup: Launches, Filings, and Closures VelocityShares Debuts Leveraged Precious Metals ETNs ETF Insider: Markets Clear Technical Hurdle The Top 10 Cheapest And Most Expensive ETFs
VelocityShares has significantly increased its leveraged ETP lineup, recently announcing eight new products that offer amplified exposure to various natural resources. The new ETNs will offer 3x and -3x exposure to natural gas, crude oil, and Brent crude, as well as 2x and -2x products targeting indexes comprised of copper futures. The new ETNs will join a VelocityShares lineup that already includes products offering leveraged exposure to gold (UGLD, DGLD), silver (USLV, DSLV), platinum (LPLT, IPLT), and palladium (LPAL, IPAL). Each of the products will be lined to indexes comprised of futures contracts on the underlying commodities, and each will be structured  as exchange-traded notes issued by Credit Suisse. That means that investors will be exposed to the credit risk of the issuing institution, but will avoid the tracking error that can become significant in futures-based products that utilize leverage.  Ticker Name DOIL 3x Inverse Brent Crude ETN linked to [...]

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

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