Whither the benchmark?

Some of the new generation of US commodity exchange-traded funds are having trouble tracking their benchmarks. Jayne Jung investigates the performance of exchange-traded commodity investments

risk-0907-28-gif

The commodity exchange-traded fund (ETF) market has endured mixed fortunes of late. While investors have continued to pour money into some ETF products, others have faced setbacks. Take the US Oil Fund, a partnership trust launched in April 2006 and managed by Colorado-based Victoria Bay Asset Management. According to its prospectus, its objective is to track the price change of the West Texas Intermediate (WTI) light, sweet crude oil near-month futures contract listed on the New York Mercantile

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

CTRM systems 2024: market update and vendor landscape

A Chartis report on commodity trading and risk management systems that considers its different applications and addresses the market and vendor dynamics to determine the long-term and structural impacts of the overarching market evolution on the…

Chartis Energy50 2023

The latest iteration of Chartis' Energy50 2023 ranking and report considers the key issues in today’s energy space, and assesses the vendors operating within it

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here