COVID-19 Crisis: The Impact On Oil And ETFs
TD Wealth
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Summary
- ETFs generally get exposure by maintaining an active futures portfolio.
- Crude Oil ETFs need to roll their existing future positions as part of their mandate.
- Speculative holders unwilling to take delivery of oil led to a selloff in the front end of futures contracts.
Anthony Okolie recaps the biggest news of the day including the latest COVID-19 developments, followed by a conversation with Andres Rincon, Director, ETF & Equity Derivatives Strategy, TD Securities, about the nuts and bolts of crude oil ETFs and the risks and rewards in investing in commodity ETFs in volatile markets.
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