My Current Investments
Next Market Crash Stocks Accumulate LIst
Intrinsive Value Tracking
Sunday, June 01, 2008
Sunday, May 04, 2008
Agriculture ETF
There are a number of ways to invest in commodities through both ETFs and ETNs. Some hold futures for certain commodities, others hold stocks for companies that deal with agriculture. Among your choices:
- MLCX Grains Index ETN (GRU)
- Market Vectors Global Agribusiness (MOO)
- PowerShares DB Agriculture (DBA)
- iPath Dow Jones Agriculture (JJA)
Agriculture ETF
Maybe if you decide to hit the mall, the Retail HOLDRs (RTH) or the SPDR S&P Retail (XRT) will get a lift.
Or if you just want to fill up your car, a trip to the pump could lift United States Oil (USO) or United States Gasoline (UGA).
Currency ETF
The options investors have for currency ETFs have exploded. Among the many choices:
- CurrencyShares Australian Dollar Trust (FXA)
- WisdomTree Dreyfus Brazilian Real Fund (BZF)
- ELEMENTS British Pound (EGB)
- CurrencyShares Swedish Krona Trust (FXS)
Depending on your feeling about the dollar - will it continue to strengthen, or is this just a temporary lift? - there's also the PowerShares DB US Dollar Index Bearish (UDN) and the PowerShares DB US Dollar Index Bullish (UUP).
ETF
The UBS E-TRACS CMCI Total Return (UCI) is designed to track the UBS Bloomberg Constant Maturity Commodity Index Total Return. The index measures the collateralized returns from a basket of 28 commodity futures contracts ranging from three months up to three years.
The subsets are:
- UBS E-TRACS CMCI Agriculture (UAG), 0.65% expense ratio
- UBS E-TRACS CMCI Industrial Metals (UBM), 0.65% expense ratio
- UBS E-TRACS CMCI Livestock (UBC), 0.65% expense ratio
- UBS E-TRACS CMCI Silver (USV), 0.40% expense ratio
- UBS E-TRACS CMCI Gold (UBG), 0.30% expense ratio
- UBS E-TRACS CMCI Food (FUD), 0.65% expense ratio
- UBS E-TRACS CMCI Energy (UBN), 0.65% expense ratio
The futures contracts are diversified across five constant maturities, and they roll on a daily basis, as opposed to monthly. The aim of daily rolling is to stay as close to the spot price as possible instead of getting into a contango mess.
The industrial metals note gives investors exposure to copper, zinc, aluminum, nickel and lead. Energy has exposure to crude oil, gasoline, natural gas and heating oil.
The food note has exposure to live hogs, orange juice and coffee, among other things.