21.07.2010 13:51
First certificates on Solactive mining index family
EFG Financial Products, one of the leading certificate issuers in the Swiss market, has issued five index certificates linked to newly launched Solactive mining indices. The indices are dedicated to the topics gold, silver or precious metals. Particularly in the current market environment products on mining indices are an interesting alternative to direct investments in precious metals. One of the main characteristics of the new indices is that besides broad all share indices a number of subindices has been developed differentiating by the life cycle status of the mining companies wich leads to a new risk/return profile. The indices separate the mining companies depending on the metal produced as well as their life cycle status: explorer, developer (jointly categorized as junior) and major.