Bringing you live news and features since 2006 

ETF Securities launches Commodities Forward 3 Month Fund

RELATED TOPICS​

ETF Securities has listed an exchange-traded fund based on the Dow Jones UBS Commodity 3 Month Forward Index.

The fund, listed on the London Stock Exchange, will be part of the ETF Exchange (Europe) platform.

It aims to provide investors with more choice and allow them to implement different investment strategies in commodities.

Investors will gain direct exposure to a diversified basket of 19 forward commodity futures prices represented in the index.

Research shows that the index historically exhibited high correlation with spot returns while reducing impact of roll yield. The short end of the curve tends to be more strongly affected by contango/backwardation, whereas longer-dated futures are less affected and tend to be driven more by perceptions of long term structural supply, demand and cost issues which tend to change more slowly.

Commodities were the best performing major asset class over the past ten years to December 2009.

Mark Weeks, the chief executive of ETF Exchange, says: “We continue to strive to deliver innovative solutions that meet the needs of our clients, and which challenge more traditional products. In the ETFX DJ-UBSCI F3, I believe we’ve achieved that”

Michael A. Petronella, president of Dow Jones Indexes, adds: “As commodities investing has become more and more popular and diversified in the past years, market participants increasingly seek innovative indexing tools. The Dow Jones UBS Commodity Forward Indexes provide superior and reliable performance measurement of longer-dated commodities futures contracts. We remain committed to deliver leading-edge indexing for this continuously evolving, exciting asset class.”

Latest News

Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..
First Trust has announced the launch of the First Trust Vest U.S. Equity Moderate Buffer UCITS ETF – February GFEB..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by