Boost unveils ETP range for sterling investors

Boost ETP, the specialist exchange traded product provider, is quoting its range of three-times leveraged products in sterling for UK investors.

The firm, which was established by former ETF Securities chiefs Nik Bienkowski and Hector McNeil, is initially making six of its exchange traded commodities tracking gold, silver and oil available for trading on the London Stock Exchange in sterling.

The move will make ETPs linked to non-sterling indices more accessible to UK investors, with tighter relative spreads.

A number of the firm’s ETCs track a range of indices provided by Nasdaq, based on the Nasdaq Commodity Benchmark Index family which track liquid, front month futures contracts.

The index is designed to provide broad exposure to the commodity market by measuring the performance of 33 commodities based on commodity futures prices.

Bienkowski said: ‘It is not surprising to see that oil, gold and silver are some of our most highly traded products. 

‘Historically, oil, gold and silver have always been some of the most successful ETCs globally, while more recently, despite positive equity returns, the returns from holding commodities have been more mixed.

‘With the availability of 3x leverage and 3x short ETPs, investors can take advantage of both rising and falling markets.’