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Commodity

Hong Kong's first crude oil ETF. Are you seeking for a convenient way to invest in the crude oil market?
Get started with SAMSUNG S&P GSCI Crude Oil ETF.

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What index does the product use?

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What index does the product use?

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The Sub-fund uses "S&P GSCI Crude Oil Excess Return Index" ("Excess Return" does not mean any additional return on the Sub-Fund's performance), which tracks the performance of the WTI Futures Contracts with the closest expiration date (the "nearest contract") as benchmark. The index calculates the return from investing in the nearest WTI futures contract and rolling them forward each month.


It serves as benchmark to a wide array of financial products in various markets including the US, Korea, UK, Australia and Taiwan. S&P is considered by many a reputable index provider and its commodities indices are widely used by many around the world. The index was launched on 1 May 1991 and had a base value of 100 as at 7 January 1987.