Tue, Mar 3, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | ETFs / ETCs more

First Trust plans active commodities ETF

Posted on 15 November 2012

First Trust, the money management firm known for niche strategies such as an Internet-focused ETF, filed regulatory paperwork detailing plans to market an active futures-based multicommodity fund, though it will achieve its exposure indirectly by investing in a Cayman Islands-based unit in a strategy that may have positive tax implications for investors in the fund.
The First Trust Global Tactical Commodity Strategy Fund will have no more than 25 percent of its assets invested in the Caymans unit, which itself will have holdings in commodities consisting of futures contracts and “commodity-linked instruments,” including derivatives, that provide net long exposure, the prospectus said………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39476 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031