ETF Securities launches commodity index tracker fund
Exchange-traded funds (ETFs) and currency specialist ETF Securities has launched the first ETF to track the Dow Jones-UBS Commodity Three-Month Forward Index (DJ-UBSCI F3(SM)), following growing investor demand for diversified commodity related products.
"As commodities investing has become more popular and diversified in the past years, market participants increasingly seek innovative indexing tools," says Michael Petronella, president at Dow Jones Indexes.
The ETFX DJ-UBS All Commodities Forward Three-Month Fund allows the investor to gain direct exposure to a diversified basket of 19 forward commodity futures prices represented in the DJ-UBSCI
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