| In response to the bumper crop year, rising oil output and slowing global demand for raw materials, commodity exchange traded funds experienced their largest monthly outflows this year. In September, commodity ETFs experienced $1.05 billion in outflows, the largest monthly withdrawal since December, and saw more money redeemed for commodity-backed ETFs for the month than in the combined nine months of the year, reports Luzi Ann Javier for Bloomberg.
The PowerShares DB Commodity Index Tracking Fund, the largest commodity-related ETF, which tracks a broad basket of the 14 most heavily traded commodities, saw $107.2 million in outflows over September, according to ETF.com data...............................................Full Article: Source
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