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S&P DJ Plans New Commodities Index

Posted on 19 June 2014

S&P Dow Jones is planning to launch a new commodities index now that its licensing deal with UBS for the Dow Jones-UBS Commodity Index and its family of subindexes will be history at the end of the month.
The new index will offer investors an alternative to the broadly used UBS-linked benchmark, currently underlying strategies like the $1.6 billion iPath Dow Jones-UBS Commodity Total Return ETN. The planned Dow Jones Commodities Index will be an equal-weighted, broadly diversified commodity index, an S&P Dow Jones official told ETF.com. More specific details such as methodology and an actual launch date weren’t disclosed…………………………………..Full Article: Source


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