Business · Markets · 17 hrs ago
Samsung Securities lists six gold, silver and copper futures ETNs
Samsung Securities listed six commodity-linked ETNs in South Korea on November 6.
The products cover gold, silver and copper futures traded on the New York Mercantile Exchange.
For each metal, one ETN tracks the futures’ daily return at one times, while an inverse version aims to track it at minus one times.
This means investors can choose products designed for rising or falling prices.
The launch comes as changes in global interest-rate policy, economic conditions and industrial demand have increased volatility in commodity markets.
Annual fees are 0.65% for the three regular ETNs and 0.85% for the three inverse products; no further steps were announced.
Samsung Securities listed six exchange-traded notes tied to gold, silver and copper futures on Nov. 6.
The company announced the listings on Nov. 9.
The products include three long ETNs and three inverse ETNs.
Each ETN is based on futures listed on COMEX, the New York Commodity Exchange.
The long products track daily futures returns at 1x, while the inverse products track them at -1x.
- Who
- Samsung Securities.
- What
- It listed six ETNs linked to gold, silver and copper futures.
- When
- The ETNs were listed on Nov. 6, and the company announced the listings on Nov. 9, 2026.
- Where
- The products are based on futures listed on COMEX, the New York Commodity Exchange.
- Why
- The company said the lineup responds to demand for commodity investments and allows strategies for both rising and falling markets.
This story does not have two clearly opposing sides.
Samsung Securities listed six gold, silver and copper futures ETNs.
Samsung Securities announced the listings.
- Number of products
- Six ETNs
- Underlying commodities
- Gold, silver and copper
- Long-product annual expenses
- 0.65%
- Inverse-product annual expenses
- 0.85%
- Long and inverse exposure
- 1x and -1x daily futures returns