Options on the Jefferies TR/J CRB Global Commodity Equity Index Fund have begun trading on NYSE Amex under the symbol QVE.
The composite-tracking Jefferies TR/J CRB Global Commodity Equity Index Fund is an ETF product based on the CRB-EQ series of indices which seeks investment results that replicate the price and yield performance of the Thomson Reuters/Jefferies CRB In-The-Ground Global Commodity Equity Index.
The CRB-EQ group of indices offers investors access to benchmarks for globally traded equities of companies principally engaged in the production and distribution of commodities and commodity-related products and services in the agriculture, industrial metals, energy and precious metals sectors.
As of 6 November 2009, there were 1.35 million newly created CRBQ shares with average daily trading volume since inception of approximately 72,000 shares.