|
QUICK LINKS
|
The ETFS Asian Gold Trust, ETFS White Metals Basket Trust, ETFS Precious Metals Basket Trust, ETFS Gold Trust, ETFS Silver Trust, ETFS Palladium Trust and ETFS Platinum Trust are not investment companies registered under the Investment Company Act of 1940 or a commodity pool for purposes of the Commodity Exchange Act. Shares of the Trusts are not subject to the same regulatory requirements as mutual funds. These investments are not suitable for all investors. Please read the prospectus carefully before investing.
|
|
|
ETF Securities appoints ETFS Marketing LLC to provide key marketing services in the US
07/22/09
- ETFS Marketing LLC will provide marketing, investment research and public relations strategies in the US
- Key ETF Securities Marketing Partner to move from London to spearhead US Marketing
New York, July 22, 2009 - ETF Securities (ETFS), a preeminent provider of commodity Exchange Traded Funds (ETF’s) in Europe and Asia, has appointed ETFS Marketing LLC to provide marketing, investment research and public relations strategies in the United States.
William Rhind will relocate to New York from London, where he has been instrumental in marketing ETFS’ products in Europe. He will head the office, and work closely with Brian Kelleher and Eric Kolts, Senior Vice Presidents, on ETFS’ business development efforts in North America.
William Rhind will be Head of Sales & Marketing for ETFS Marketing LLC. William previously worked for the ETFS European marketing agent to lead sales and marketing in the UK & Ireland. Prior to working with ETFS, William spent 5 years working at Barclays Global Investors in their European ETF business. William has worked in the European ETF industry since it’s inception in Europe. Prior to this, William was an investment banking analyst at Nomura International in London. William is a regular press commentator and specialist guest on TV programs such as CNBC and BBC. William holds a BA in French, Russian, Politics and Economics from the University of Bath, England.
Brian Kelleher has over 11 years of investment management experience. He joins ETFS Marketing LLC from Franklin Templeton Portfolio Advisors, a division of Franklin Resources, where he was a Vice President and the Northeast Regional Director, focusing on separate accounts. Prior to joining Franklin, Brian was a Regional Vice President for J. & W. Seligman & Company, Inc, based in California. Brian held numerous roles at Seligman, ranging from trading to business development and sales; he was responsible for covering multiple product lines, including separate accounts, alternative products, and mutual funds. Brian holds a BA in English from Georgetown University and an MBA with a Finance major from the University of Pennsylvania’s Wharton School of Business. Brian is a CFA level 2 candidate and holds his Certified Investment Management Analyst designation.
Eric Kolts has worked in the commodity and derivatives markets for over 25 years and is widely known as one of the leading authorities on commodity index investing. He joins from S&P where he was the Product Manager for the commodity index business which includes the S&P GSCI and S&P DTI Series of indices. Prior to joining S&P, Eric managed the commodity index business for Dow Jones which centered on the Dow Jones AIG Commodity Index, now the DJ UBS Commodity Index. The DJ UBS Commodity Index and the S&P GSCI Commodity Index are the most widely used global benchmarks for commodity index investing. Eric’s derivatives trading experience started with Prudential Bache on the New York commodities exchanges and shifted to interest rate trading and dealing in the inter-bank money markets with The Bank of New York and Lasser Marshall. Eric moved off the trading floor to strategically develop risk management applications for the buy-side at Dow Jones Telerate and performance analytics at InterSec Research and InvestorForce.com before joining Dow Jones Indexes. Eric holds a BA Economics from Washington & Lee University and an MBA from Fordham.
Commenting on the appointment, Graham Tuckwell, Chairman, of ETF Securities:
“We are delighted to announce the appointment of ETFS Marketing LLC to represent our US business; in particular, we feel that William Rhind, Brian Kelleher and Eric Kolts will do an exceptional job in developing our US brand. The appointment of ETFS Marketing LLC shows our commitment to expanding our US business with the view to becoming the most recognized commodity ETF player in the US marketplace. ”
Commenting on the appointment, William Rhind, Head of Sales & Marketing, ETFS Marketing LLC:
“We are delighted that ETF Securities has agreed to work with us to develop their US business, and we look forward to helping them establish their brand here.”
William Rhind, Brian Kelleher and Eric Kolts are registered representatives of ALPS Distributors, Inc.
About ETF Securities Limited
ETF Securities Ltd is a provider of Exchange Traded Commodities (ETCs) and Exchange Traded Funds (ETFs). ETF Securities is independently owned and is the European market leader in ETCs. The management of ETF Securities created the first physically-backed precious metal product. With the world's first listing of an ETC, ETFS management also constructed the world’s first full ETC platform, which listed on the London Stock Exchange in September 2006.
Investors should carefully consider the investment objectives, risks, charges and expenses of the products before investing. There are risks involved with investing including the possible loss of principal. Past performance does not guarantee future results.
Contacts for Press:
William C. Ferri
Intermarket Communications
(212) 754-5428
bferri@intermarket.com
Laura Stevens
ETF Securities
+44 20 7448 4351
laura.stevens@etfsecurities.com
All Other US Inquiries:
(212) 918-4954
info@etfsecurities.com
ETFS Marketing LLC
48 Wall Street, 11th Floor
New York City
NY10005
ETFS Physical Asian Gold Shares are issued by the ETFS Asian Gold Trust. ETFS Physical White Metals Basket Shares are issued by ETFS White Metals Basket Trust. ETFS Physical Precious Metals Basket Shares are issued by the ETFS Precious Metals Basket Trust. ETFS Physical Silver Shares are issued by the ETFS Silver Trust. ETFS Physical Swiss Gold Shares are issued by the ETFS Gold Trust. ETFS Physical Platinum Shares are issued by the ETFS Platinum Trust. ETFS Physical Palladium Shares are issued by the ETFS Palladium Trust.
ETPs = Exchange Traded Products
Important Risks
The value of the Shares relates directly to the value of the precious metal held by the Trusts and fluctuations in the price could materially adversely affect an investment in the Shares. Several factors may affect the price of precious metals, including:
A change in economic conditions, such as a recession, can adversely affect the price of the precious metal held by the Trusts. Some metals are used in a wide range of industrial applications, and an economic downturn could have a negative impact on its demand and, consequently, its price and the price of the Shares;
Investors' expectations with respect to the rate of inflation;
Currency exchange rates;
Interest rates;
Investment and trading activities of hedge funds and commodity funds; and
Global or regional political, economic or financial events and situations. Should there be an increase in the level of hedge activity of the precious metal held by the Trusts or producing companies, it could cause a decline in world precious metal prices, adversely affecting the price of the Shares.
Also, should the speculative community take a negative view towards the precious metal held by the Trusts, it could cause a decline in prices, negatively impacting the price of the Shares.
There is a risk that part or all of the Trusts' physical precious metal could be lost, damaged or stolen. Failure by the Custodian or Sub-Custodian to exercise due care in the safekeeping of the precious metal held by the Trusts could result in a loss to the Trusts. Since there is no limit on the amount of platinum and palladium that the Trust may acquire, the Trust, as it grows, may have an impact on the supply and demand of platinum and palladium.
The Trusts have limited operating history.
Commodities generally are volatile and are not suitable for all investors. Trusts focusing on a single commodity generally experience greater volatility.
This material must be accompanied or preceded by a prospectus. Please read the prospectus carefully before investing. Click here to review the prospectus.
Shares in the Trusts are not FDIC insured and may lose value and have no bank guarantee.
Investors buy and sell shares on a secondary market (i.e., not directly from Trusts). Only market makers or "authorized participants" may trade directly with the Trusts, typically in blocks of 50k to 100k shares.
Carefully consider each Trusts' investment objectives, risk factors, and fees and expenses before investing.
An investment in the trust does not constitute a direct investment in the underlying metal.
ALPS Distributors, Inc. is separate and unaffiliated to Dorsey Wright and Associates. ALPS Distributors, Inc. is the marketing agent for ETFS Silver Trust, ETFS Gold Trust, ETFS Platinum Trust, ETFS Palladium Trust, ETFS Precious Metals Basket Trust, ETFS White Metals Basket Trust and ETFS Asian Gold Trust.
For further discussion of the risks associated with an investment in the Trusts please read the prospectus.
|
|
QUICK LINKS
(09/14/11)
ETF Securities USA LLC (ETFS) today announced that the
total assets under management (AUM) of its U.S.-listed products is now $4.7 billion, which
represents 15% of the firm's new total of roughly $31 billion in AUM worldwide as at the end of
August 2011.
(08/11/11)
ETF Securities USA LLC (ETFS) announced today that on July 29, 2011, its physically-backed platinum ETP (PPLT) was the world's largest in terms of AUM, which stood at $802m. This represented roughly 450k ounces of platinum stored in secure vaults located in London, U.K. and Zurich, Switzerland.
(07/21/11)
ETF Securities has offered U.S. physically-backed precious metal exchange traded products (ETPs) since July 2009. In two years, the firm has grown its U.S. assets under management (AUM) to $4.2 billion as of July 19, 2011.
|
