Description

The Samsung S&P GSCI Crude Oil ER Futures ETF, an exchange-traded fund under the Samsung ETFs Trust, was originally launched by Samsung Asset Management (Hong Kong) Limited. Its management is overseen by Samsung Asset Management Co. Ltd. This fund primarily allocates capital to the commodity markets, employing derivatives such as futures to gain exposure to West Texas Intermediate (WTI) crude oil. The core aim of the fund is to mirror the performance of the S&P GSCI Crude Oil Index Excess Return Index, achieving this by investing in the commodity in line with the index's specified weightings. Established on April 27, 2016, this fund is domiciled in Hong Kong.