This communication is made by ETF Securities Marketing LLP of 6th Floor, 2 London Wall Buildings, London EC2M 5UU. Any references in the following document to ETF Securities Limited making this communication should be construed as references to ETF Securities Marketing LLP. ETF Securities Marketing LLP is not regulated by the Jersey Financial Services Commission.
With effect from 1 January 2011, ETFS Management Company (Jersey) Limited has replaced ETF Securities Limited as the Product Manager of each of ETFS Commodity Securities Limited, ETFS Foreign Exchange Limited, ETFS Industrial Metal Securities Limited, ETFS Metal Securities Limited, ETFS Oil Securities Limited and Gold Bullion Securities Limited. Any references in the following document to ETF Securities Limited (other than references to ETF Securities Limited making this communication) shall be construed as references to ETFS Management Company (Jersey) Limited. ETFS Management Company (Jersey) Limited is regulated by the Jersey Financial Services Commission
This communication is provided for your general information only and does not constitute investment advice or an offer to sell or the solicitation of an offer to buy any investment. The terms and conditions applicable to investors will be set out in the relevant Prospectus.
Nothing in this communication is advice on the merits of any product or investment. Nothing in this communication constitutes investment, legal, tax or any other advice nor is it to be relied on in making an investment or other decision. You should take your own independent investment, tax and legal advice as you think fit.
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Important notice
This communication is made by ETF Securities Marketing LLP of 6th Floor, 2 London Wall Buildings, London EC2M 5UU. Any references in the following document to ETF Securities Limited making this communication should be construed as references to ETF Securities Marketing LLP
With effect from 1 January 2011, ETFX Investment Management LLP has replaced ETF Securities Limited as the Promoter of the Company. Any references in the following document to ETF Securities Limited (other than references to ETF Securities Limited making this communication) shall be construed as references to ETFX Investment Management LLP. ETFX Investment Management LLP is not regulated by the Jersey Financial Services Commission but is authorised and regulated by the United Kingdom Financial Services Authority. ETF Securities Marketing LLP is not regulated by the Jersey Financial Services Commission.
This communication is provided for your general information only and does not constitute investment advice or an offer to sell or the solicitation of an offer to buy any investment. The terms and conditions applicable to investors will be set out in the relevant Prospectus.
Nothing in this communication is advice on the merits of any product or investment. Nothing in this communication constitutes investment, legal, tax or any other advice nor is it to be relied on in making an investment or other decision. You should take your own independent investment, tax and legal advice as you think fit.
ETFS Nickel (NICKP) is an open-ended Exchange Traded Commodity (ETC) designed to track the DJ-UBS Nickel Sub-IndexSM on a total return basis.
Safety and Structure
The ETC is a debt security issued by ETFS Commodity Securities Ltd (CSL), which is ring-fenced from ETF Securities. The commodity exposure is obtained from experienced third parties (Commodity Contract Counterparties) and whose obligations are secured with Eligible Collateral covering 100% of the outstanding value. The collateral is mark to market daily and held by the collateral manager in a segregated account.
The Dow Jones-UBS Commodity IndexesSM and its different sub indexes are composed of exchange-traded commodity futures contracts rather than physical commodities and reflect the return of a rolling, fully collateralised investment in commodity futures.
ETCs trade on regulated stock exchanges like equities and their pricing and tracking operate similar to Exchange Traded Funds (ETF). ETCs are traded in three currencies (USD, EUR and GBP) by multiple market makers that can create/redeem over US$1 billion of new ETCs daily on demand.
The NAV (Net Asset value) of each Individual Commodity Security is calculated in the following way: Individual Commodity Index * Multiplier / 10.
Each Individual Commodity Index is available on the following website: www.djindexes.com
The NAV of Individual Commodity Securities will be a true NAV if the relevant DJ-UBS individual commodity feed was sourced on a Pricing Day. If it is not a Pricing Day (due to Holiday or a Market Disruption Day), then the NAV shown will be an indicative NAV.
