UK ISA offers commodities investment

UK investment firm, Dawnay Day Quantum, is launching an Individual Savings Account (ISA) that tries to allow savers to tap into the current commodities boom cycle.

The Dawnay Day Quantum Protected Commodities Accelerator III ISA is a capital-protected plan of up to £7,000, that would focus on base metals and oil. Base metals such as zinc have seen especially bullish rises, not least as Chinese consumption demands continues to exceed supply.

The five-year investment is the fund’s third commodities product, and rules out gold and agricultural commodities.

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