07.12.2009 - Exchange-traded commodities funds have a future, says exec
From Investmentnews.com: Exchange-traded commodities funds will evolve and prosper, despite having drawn the attention of regulators concerned that they may have helped fuel a run-up in oil and natural-gas prices, according to a panelist at the InvestmentNews ETF Insights virtual conference last week. Providers of such products will look to “optimize” the underlying basket of securities in such funds — primarily futures contracts — to try to eliminate issues such as contango, when the price of a commodity for future delivery exceeds the spot price, John Hyland, chief investment officer at United States Commodity Funds LLC, said during a panel discussion on the future of exchange-traded funds..................................Full Article: Source
Print