Press
Investment Week Article Jul 06
Ifunds to launch commodity biased ETFTuesday 11th July 2006: 16:03
The rapid growth in new issues of ETFs that give exposure to commodities will allow the managers to give investors access not only to commodity related shares, such as miners, but also to the price of the commodities themselves.
The Marlborough Fund Managers (MFM) iFunds ETF Commodity fund which, as its name suggests, is to be managed by MFM, will target capital growth, primarily through the use of the global range of commodity related ETFs.
These include commodity index-based funds, single commodity funds and commodity related equity-based indices. They give investors exposure to energy, precious metals, non-precious metals and agricultural commodity prices as well as drilling and mining companies.
The fund will be managed on a quantative basis, using iFunds proprietary software and will be benchmarked against the Reuters/Jeffries CRB Index.
Post created by Webmaster on 07/05/2007 at 14:11:25
