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Opalesque Exclusive: PAM launches commodities fund series
Uhlmann Price Securities, LLC in Chicago has been retained as the Marketing Representative for a Series of four new funds based on the Rogers International Commodity Index® (RICI® ), and its three component sectors (Agriculture, Energy and Metals). The Series, called RICI-Linked PAM Advisors Fund LLC., are offered and managed by Price Asset Management, Inc., also located in Chicago at the Board of Trade.
The Manager’s objective is to provide investors and their advisors with a transparent investment vehicle that offers the lowest tracking differential available in the market place through a combination of a low cost structure, seasoned execution team and passive collateral management. The Fund tracks the RICI® and its three sectors (Agriculture, Metals & Energy) by replicating the positions in the Index directly in futures contracts listed on US and foreign regulated futures exchanges. Approximately 90% of the Fund’s assets are in US Treasuries, US Agencies and US Government Money Markets held in custody accounts at a minimum of two banking institutions thus minimizing any credit risk.
The minimum investment is $50,000 and additions of as little as $10,000 can be made. (All dollar amounts are in US dollars.) An interesting feature is that an investor can also transfer as little as $10,000 or more from one series to another for no penalty or fee. This feature permits investors to add or remov...................... To view our full article Click here
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