21.11.2012 - New and improved commodity ETNs?
A new group of exhange-traded notes is designed to improve on an initial attempt to track commodity guru Jim Rogers’s international commodity indexes. After a two-week delay because of Hurricane Sandy, the five new “enhanced” ETNs based on Rogers’ RICI indexes opened for trading on the New York Stock Exchange’s NYSE Arca platform earlier this month. Sponsored by the Royal Bank of Scotland (RBS), the group includes one broad-based, multicommodity ETN (RGRC), and four ETNs on specific segments: agriculture (RGRA); energy (RGRE); precious metals (RGRP); and industrial metals (RGRI).............................................Full Article: Source
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