Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Portfolio > Economy & Markets > Stocks

Pumping Out Commodity Funds

X
Your article was successfully shared with the contacts you provided.

Financial advisors interested in natural resources stocks now have another commodity ETF among their choices. The Thomson Reuters/Jeffries CRB Global Commodity Index Fund (CRBQ) from ALPS Funds has debuted.

The fund’s underlying index currently contains 145 commodity-related stocks. Top holdings include Monsanto, Exxon Mobil and Potash. Companies within the index are market capitalization weighted and fund holdings are rebalanced quarterly.

CRBQ is ALPS’ third ETF and the fund’s annual expense ratio is 0.65 percent.

In other news, United States Commodity Funds launched the United States Short Oil Fund (DNO). The product aims to provide inverse or opposite performance to the spot price of light, sweet crude oil delivered to Cushing, Okla. According to the prospectus, DNO’s annual expense ratio is 0.60 percent .


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.