iShares, the exchange-traded products issuer arm of BlackRock Inc that is best known for its equity and fixed-income products, has unveiled a commodities-focused product after a long hiatus. The iShares Dow Jones-UBS Roll Select Commodity Index Trust (CMDT) is the firm’s first commodity-based fund launch since 2006 and may be suitable for investors who are seeking exposure in the materials …
New ETFs On The Block: First Trust Morningstar Managed Futures Strategy ETF (FMF)
First Trust, the Wheaton, Illinois-based issuer of exchange traded funds known for its niche offering, has launched a novel product that targets the managed futures market, giving retail investors access to a niche that was hitherto the domain of hedge funds, high net-worth individuals and institutional investors. The First Trust Morningstar Managed Futures Strategy ETF (FMF) gives investors access to …
Pactum Asset Management: Are Agricultural Commodities Overvalued?
As the US witnesses a near unprecedented drought situation, agricultural commodities have soared in the last few weeks. Is there a possibility for further upsides in the agricultural commodities space? Simon Wainwright of Pactum Asset Management thinks there’s limited upside potential for agricultural commodities now since stock prices of many companies have jumped more 40 percent in the last 46 …
Are Commodity ETFs Bursting?
With the commodity markets having it taken on the chin last week, this may be a good time to review what famed investment manager Jeremy Grantham had to say about this sector a week or so ago. Here’s his view, as well as the markets in general, in “Bad China, good weather will bust commodity market ‘en masse:’” Jeremy Grantham …