08.07.2013 - Cure for commodities funds falls flat
Investors who rushed to get exposure to commodities during the yearslong rally were caught flat-footed at times when a costly phenomenon called contango cut into their returns. Then came a wave of new funds that were designed in a way that could dodge some of contango's impact. The twist is, amid a shift in commodity markets, the new funds are sometimes underperforming earlier funds with a plain-vanilla approach...............................................Full Article: Source
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