FinancialContent is the trusted provider of stock market information to the media industry.
May 31, 2012 at 11:00 AM EDT
Copper ETF (CPER) Cuts Fees
United States Commodity Funds announced this week that is is slashing expenses on its United States Copper Index Fund (CPER) from 0.95% annually to 0.65%. The move makes CPER the cheapest of the three commodity ETPs currently available to U.S. investors; both JJC and CUPM charge annual fees of 0.75%. JJC and CUPM are both ETNs offered by iPath, meaning that they are debt instruments whose performance is linked to an index consisting of copper futures contracts. CPER is structured as a commodity pool, meaning that the fund actually holds the futures contracts and does not feature credit risk (VelocityShares also offers a pair of 2x leveraged copper ETNs: SCPR and LCPR). Under The Hood: CPER CPER seeks to replicate the SummerHaven Copper Index Total Return, a benchmark that consists of either two or three copper futures contracts selected based on quantitative formulas. Specifically, the contracts held by CPER are [...] Click here to read the original article on ETFdb.com. Related Posts: ETFs For Rising Copper Prices Copper ETFs In Focus: Five Ways To Play USCF Offers New Type Of Copper ETF (CPER) USCF Debuts Agriculture ETF (USAG) ETF Insider: Greek Woes Rattle Confidence
United States Commodity Funds announced this week that is is slashing expenses on its United States Copper Index Fund (CPER) from 0.95% annually to 0.65%. The move makes CPER the cheapest of the three commodity ETPs currently available to U.S. investors; both JJC and CUPM charge annual fees of 0.75%. JJC and CUPM are both ETNs offered by iPath, meaning that they are debt instruments whose performance is linked to an index consisting of copper futures contracts. CPER is structured as a commodity pool, meaning that the fund actually holds the futures contracts and does not feature credit risk (VelocityShares also offers a pair of 2x leveraged copper ETNs: SCPR and LCPR).  Under The Hood: CPER CPER seeks to replicate the SummerHaven Copper Index Total Return, a benchmark that consists of either two or three copper futures contracts selected based on quantitative formulas. Specifically, the contracts held by CPER are [...]

Click here to read the original article on ETFdb.com.

Related Posts:

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here
   
Financial Widgets

Display market data, financial news or stock quotes - Learn More

Advertising Network

Advertise on FinancialContent's huge network - Learn More

Web Services

Power your internet and wireless applications - Learn More