The CEO of United Co. Rusal announced that an ETF based on aluminum will launch next month, according to Forbes. However, it has not been confirmed which firm would actually launch the ETF. Such a fund has been demanded by investors for awhile now, so we’re closely watching for developments. [Aluminum ETF Could Have Big Impact on Prices.]
For more information on aluminum, visit our aluminum category.
For now, these are some options for playing aluminum:
- iPath DJ-AIG Aluminum ETN (NYSEArca: JJU)
- SPDR S&P Metals & Mining (NYSEArca: XME)
- PowerShares DB Base Metals (NYSEArca: DBB)
Max Chen contributed to this article.