ETF Securities Says First Metal-Backed Funds to Start Dec. 10

Dec. 7 （Bloomberg） -- ETF Securities Ltd. said funds backed by copper, nickel and tin will start trading on the London Stock Exchange on Dec. 10.

Funds backed by aluminum, lead and zinc, as well as a fund backed by all six metals, will trade next year, the company said in an e-mailed statement today.

They will be priced in dollars and have a management expense ratio of 0.69 percent, ETF Securities said.

--Editor: John Deane,