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ALUM

LSE
3.20850 USD
0.021
0.65%
Last update May 28, 4:27 PM BST
Main market
Day range
3.20850
3.24500
Previous close
3.22950
Open
3.23300
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ETFS Aluminium Fund
3.21
0.02
0.65%

Overview

Description

The ETFS Aluminium Fund is a financial product designed for those interested in gaining exposure to the aluminum commodity without the complexities of direct investments in raw materials or futures contracts. This exchange-traded fund (ETF) mirrors the performance of the aluminum market, providing a strategic tool for investors to participate in the price movements of this vital industrial metal. Aluminum plays a crucial role in various sectors, including construction, transportation, and packaging, thanks to its lightweight and corrosion-resistant properties. By reflecting the price dynamics of aluminum, the ETFS Aluminium Fund serves as a barometer for industrial activity and economic growth trends. As part of the commodities segment, this fund provides diversification benefits to portfolios, particularly for those looking to hedge against inflation or stabilize returns amidst traditional equities and bonds. Through its structured approach, the ETFS Aluminium Fund acts as a conduit for investors to access the intricate world of commodity trading within the regulated bounds of the stock market.

About

Address
Phone
+44 20 7355 9810
Website
Instrument type
ETF
Country
United Kingdom
MIC code
XLON
Main market

Exchange is currently active.
Closing in 3 hours 46 minutes

12:43
00:00
08:00
16:30
23:59

Trading Hours (Monday - Friday):

Pre-market
07:15 - 08:00
Main market
08:00 - 16:30
Post-market
16:30 - 17:15
All times are displayed in the Europe/London timezone (BST, UTC+01:00).