FTSE Group has launched the FTSE Physical Industrial Metals Index Series in partnership with Global Commodity Finance and Merit Commodity Partners. The series comprises four individual indices, covering aluminium, copper, zinc and nickel and a benchmark index containing all four metals.
The index series is designed to expand the range of investment and diversification opportunities open to investors, who are seeking Shariah compliant products. The series provides tools to its investors to hedge against future supply constraints, which provide the security and reassurance of physical asset ownership. Global Commodity Finance is a wholly owned subsidiary of Dubai International Financial Centre Investments.
Click here for the release from FTSE.