RBS Introduces 5 Commodity ETNs
November 16, 2012
The Royal Bank of Scotland (RBS) has announced the launch of five new ETNs which track the RICI Enhanced Commodity Indices.
RBS stated in their press release on Thursday: “We are pleased to announce the launch of the five RBS Rogers Enhanced ETNs which feature the combined experience of RBS and Wall Street investor Jim Rogers…We believe these new ETNs offer investors a unique opportunity to get exposure to the innovative RICI Enhanced SM Indices.”
--RBS Rogers Enhanced Commodity ETN (NYSEARCA:RGRC)
--RBS Rogers Agriculture ETN (NYSEARCA:RGRA)
--RBS Rogers Enhanced Energy ETN (NYSEARCA:RGRE)
--RBS Rogers Enhanced Industrial Metals ETN (NYSEARCA:RGRI)
--RBS Rogers Enhanced Precious Metals ETN (NYSEARCA:RGRP)
The Rogers Enhanced Indices use futures contracts with varying maturities which aim to maximizereturns when there are significant price differences between near-dated and future-dated commodity contracts.