6 Months Later: USMI, SNDS, BNPC
CommodityHQ
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Thu, Dec 13, 2012
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The 5-Minute Guide to Lead ETFsCommodityHQ • Thu, Sep 6, 2012
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New Metals ETF DebutsMichael Johnston • Wed, Jun 20, 2012 -
USCF Launches Broad, Futures-Based Metals ETFHard Assets Investor • Tue, Jun 19, 2012
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New Metals ETF DebutsMichael Johnston • Wed, Jun 20, 2012
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USCF Launches Broad, Futures-Based Metals ETFHard Assets Investor • Tue, Jun 19, 2012
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6 Months Later: USMI, SNDS, BNPCCommodityHQ • Thu, Dec 13, 2012
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The 5-Minute Guide to Lead ETFsCommodityHQ • Thu, Sep 6, 2012
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USMI Description
The investment objective of USMI is for the daily changes in percentage terms of its units' net asset value ("NAV") to reflect the daily changes in percentage terms of the SummerHaven Dynamic Metals Index Total Return℠ (the "Metals Index"), less USMI's expenses.
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Key Info
- In Your Portfolio: A Guide to Commodity ETFs and ETNs
- Asset Class Performance: Commodities
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- | On the move
- Wednesday, December 26, 2012, 6:48 PM Can artificial scarcity continue propping up the aluminum market in the face of a production glut? Barclays predicts stockpiles will grow to 8.67M metric tons by the end of 2013. But with about half of all inventories possibly tied up in financing deals, many buyers are having trouble procuring supply, and analysts polled by Bloomberg expect prices to rise 14% next year. The EC recently said it's discussing the issue of premiums caused by financing deals. Comment! [Commodities, Quick Ideas]