ETF Securities - the British based ETF issuer known mostly for its extensive array of commodities funds – is finally making the move into equities. The company’s new London-listed funds will offer 2x leveraged exposure to major broad European indicies such as the FTSE 100 , the DAX, and the Euro STOXX 50.

Leveraged funds are new to the UK, but are widely available in the US and Canada, where their daily return structure has caused some controversy. The new funds are part of ETF Securities ambitious plans to expand its product range and increase its listings worldwide – including to the United States, where it will list that market’s first  platinum and palladium funds later this year.