Standard Bank Unveils Africa Commod ETN

Standard Bank has unveiled an Africa commodity exchange-traded note.

Standard Bank has unveiled an Africa commodity exchange-traded note (ETN). The Africa Commodity Index ETNs are based on the developed Standard Bank Africa Commodity Index. The commodity ETN is listed on the Johannesburg Securities Exchange. Investors will gain direct access to the underlying Africa commodity index, as well as base metals, precious metals, energy and agriculture.

Click here for the release from Standard Bank.