HONG KONG, Dec. 12, 2012 /PRNewswire/ --
Important:
ETF Securities (HK) Limited announced today that its newly launched ETF Securities physical precious metal ETF platform has taken in over HK$100M in the first eight trading days after the listing on The Stock Exchange of Hong Kong. This physical precious metal ETF platform consists of three ETFs, which are ETFS Physical Gold ETF (2830 HK), ETFS Physical Silver ETF (3117 HK) and the ETFS Physical Platinum ETF (3119 HK). With the platform ETF Securities (HK) Limited, a subsidiary of ETF Securities Group, which is one of the world's leading independent providers of exchange-traded investment products and a pioneer in commodities, introduces and offers in HK the first to market ETF to invest in Silver and Platinum.
General features of a physical precious metal ETF are:
Fred Jheon, Managing Director and Head of Asia Pacific for ETF Securities (HK) Limited said, "We are delighted with the successful listing of the ETF Securities ETF platform in Hong Kong. Next to support for our products, we are committed to providing education and research for commodities, and we look forward to broader investor adoption in our precious metals ETFs." Chilok Cheung, Vice President and Portfolio Manager of ETF Securities (HK) Limited, said in remarks, "We are pleased with the market acceptance of our suite of precious metal ETFs, which has not only strengthened the Hong Kong commodities market, but also introduced silver and platinum ETFs for the first time to Hong Kong."
About ETF Securities Group
ETF Securities Group is a leading, independent exchange-traded products provider with expertise in commodities. It is dedicated to developing liquid, transparent investment solutions that can be traded on world stock exchanges.
The Group has a strong history of product innovation and this remains a key tenet of its guiding philosophy. The Group's management team listed the world's first gold exchange-traded commodity in 2003, and many other market-leading investment solutions have since followed. Today ETF Securities Group offers what is believed to be the world's most comprehensive range of exchange-traded commodities and as of September 2012 was responsible for $29.9 billion in global investor assets (Source: ETF Securities Group).
To learn more about ETF Securities Group, please visit www.etfsecurities.com.
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