It's not a fund, it's a future called Lun Nickel Index. The LME Nickel Index refers to the nickel futures index traded on the London Metal Exchange, and LME Nickel Current refers to the LME Nickel spot.

The London Metal Exchange (LME) is the world's largest non-ferrous metals exchange. The prices and inventories of the London Metal Exchange have an important impact on the production and sales of non-ferrous metals worldwide.

In the mid-19th century, Britain was the world's largest producer of tin and copper.

As time went by, industrial demand continued to grow, and Britain urgently needed to import large quantities of industrial raw materials from foreign mines.

Since the beginning of this century, the London Metal Exchange has begun to publicly publish its transaction prices and is widely used as the benchmark price for world metal trade.

70% of all copper production in the world is traded based on the official price published by the London Metal Exchange.