USCI - United States Commodity Index Fund
|Trading Day||April 21|
|Day's Range||37.44 - 37.92|
|52-Week Range||25.35 - 37.92|
The investment seeks the daily changes in percentage terms of its shares" per share net asset value ("NAV") to reflect the daily changes in percentage terms of the SummerHaven Dynamic Commodity Index Total ReturnSM (the "SDCI"), less USCI's expenses. The fund seeks to achieve its investment objective by investing to the fullest extent possible in the Benchmark Component Futures Contracts. The SDCI is designed to reflect the performance of a diversified group of commodities.
|Asset Class |
|Inception Date |
Aug 10, 2010
|Ticker Symbol |
|Index Tracked |
SummerHaven Dynamic Commodity Index Total Return
Investors who are looking for ways to diversify a traditional investment portfolio can turn to alternative assets like commodities and related exchange traded funds.
Commodity prices and related exchange traded funds could catch a tailwind from a weakening U.S. dollar.
With improved economic data coming out of China, investors may look back into commodities and related ETFs for the year ahead as the biggest consumer of raw materials ramps ups growth. Recent data out o...