What does RICI Enhanced Copper(ER) Index EUR Hedge ETC invest in?▾
The RICI EnhancedSM Copper (ER) Index EUR Hedge ETC is an exchange‑traded commodity (ETC) designed to provide investors with exposure to the performance of copper commodity futures as measured by the RICI Enhanced Copper (ER) Index. It does this by synthetically replicating the total return performance of the underlying copper index, which tracks copper futures price movements, while hedging currency exposure into euros (EUR) to minimize the impact of U.S. dollar fluctuations on returns.
