11.11.2016 - Can Commodity ETFs Break a Five-Year Jinx?
With 2016 drawing to a close, global investors' community is now eyeing the commodity sector. After a gap of five straight years, the commodity sector is ushering the hope that it will likely to scale higher for the first time this year. Although the benchmark Bloomberg Commodity Index (BCOM) was down 0.5% in October, it rallied 9% year-over-year in the first nine months of 2016. In contrast, in the last five years, the commodity sector witnessed investment withdrawals averaged almost $14 billion in the last quarter resulting in an average 8% drop in BCOM.........................................Full Article: Source
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