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ETC
ETFS Hedged Commodity Securities Limited - ETFS EUR Daily Hedged Cotton is an exchange traded commodity launched by ETFS Management Company (Jersey) Limited. The ETC seeks to replicate the performance of the Bloomberg Cotton Subindex Euro Hedged Daily, by employing synthetic replication methodology. The index represents the commodity markets. It employs derivatives such as swaps and futures to represent cotton with a daily currency hedge against movements in the EUR/USD exchange rate. ETFS Hedged Commodity Securities Limited - ETFS EUR Daily Hedged Cotton was formed on July 6, 2012 and is domiciled in Jersey.
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