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Cocoa ETN looking sweet

Posted on 19 September 2013

It has been a rough year for commodities ETFs and ETNs and not is just gold and silver plays that have suffered. Exchange traded products offering exposure to soft commodities have been repudiated as well. For example, the Teucrium Corn Fund is down 22.2% this year while the iPath DJ-UBS Coffee TR Sub-Index ETN has plunged nearly 28%.
Cocoa is one soft commodity that has shined amid a tumultuous year for commodities. The iPath DJ-UBS Cocoa TR Sub-Index ETN is up 15.3% year-to-date and 5.2% in just the past week. More gains could be on the way for the oft-overlooked ETN………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 36568 posts on Opalesque Commodities Briefing.


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