Deutsche Bank AG has announced the launch of a physical rhodium ETC (Exchange Traded Commodity).

The ETC is 100 per cent backed by physical rhodium and is designed to track the dollar spot price, minus fees.

The physical rhodium that backs the ETC will be kept with Johnson Matthey in the UK. 

Source:

Rhodium Inches Higher on News of Emerging Investment Products (27/05/11) 

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