United States Commodity Funds, the company behind the ultra-popular natural gas (UNG) and crude oil (USO) products, has laid the groundwork for another unique exchange-traded commodity product. In a recent SEC filing, USCF outlined some details for a proposed Asian Commodity Basket Fund, which would include exposure to commodities deemed to maintain “systemic importance to Asian economies, including the three major Asian economies of China, Japan, and India.” The filing noted that the proposed fund may also include futures contracts that trade on an Asian domiciled futures exchange. The construction of the underlying index of commodity futures will take into account a number of different factors, including: Percentage of global production that occurs in Asian countries Percentage of global consumption that occurs in Asian countries Tendency of the Asian economies to be either net importers or net exporters of a particular commodity Size and liquidity of the regulated futures markets based [...] Click here to read the original article on ETFdb.com. Related Posts: One Year Later: USCI Remains An Intriguing Commodity ETF Ten New Years’ Resolutions For ETF Investors Commodity ETF Investing: Four Strategies For Fighting Contango Inflation-Fighting ETFs Back In Focus Closer Look At The “Third Generation” Commodity ETF
United States Commodity Funds, the company behind the ultra-popular natural gas (UNG) and crude oil (USO) products, has laid the groundwork for another unique exchange-traded commodity product. In a recent SEC filing, USCF outlined some details for a proposed Asian Commodity Basket Fund, which would include exposure to commodities deemed to maintain “systemic importance to Asian economies, including the three major Asian economies of China, Japan, and India.” The filing noted that the proposed fund may also include futures contracts that trade on an Asian domiciled futures exchange. The construction of the underlying index of commodity futures will take into account a number of different factors, including: Percentage of global production that occurs in Asian countries Percentage of global consumption that occurs in Asian countries Tendency of the Asian economies to be either net importers or net exporters of a particular commodity Size and liquidity of the regulated futures markets based [...]
Click here to read the original article on ETFdb.com.
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