23.04.2015 - Commodity ETFs Starting to Turn Around
Some investors may be easing back into commodities and related exchange traded funds as a strengthening global economy, a slowing U.S. dollar and fall off in prices are enticing some bottom fishers. Over the past month, the PowerShares DB Commodity Index Tracking Fund (NYSEArca: DBC) added 3.8%, iPath Dow Jones-UBS Commodity Index Total Return ETN (NYSEArca: DJP) gained 2.2% and iShares GSCI Commodity-Indexed Trust (NYSEArca: GSG) increased 7.3%. The rebounding oil prices are lifting the broad asset class, along with the recovering copper, sugar, gold and other raw materials, reports Ira Iosebashvili for the Wall Street Journal..........................................Full Article: Source
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