Within this commodities ETF you will find a broad variety of basic materials and commodities. With this single commodities ETF you will be able to invest in almost all available basic materials.
This makes very much sense if you do want to invest in basic materials but you do not want to be overweighed in 1 or 2 specific commodities.
Prices of basic materials always closely follow the global economy. A global economy that is growing will result in higher prices for these basic materials. Of course the opposite is true when the global economy is faltering.
Oil is weighed at 20% in this commodities ETF. Then the following commodities follow: cattle, gold, copper, soya, aluminium, gas, corn, cacao, sugar and coffee, all weighed at approximately 5%.
Lyxor Commodities CRB Thomson Reuters/Corecommodity UCITS ETF
Well, not the shortest name for an ETF. This Lyxor Commodities ETF is tracking the Thomson Reuters/CoreCommodity CRB Total Return Index.
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Lyxor Commodities CRB Thomson Reuters/Corecommodity UCITS ETF info:
ETF provider: Lyxor (Societe Generale)
Exchange: Euronext Parijs
The Lyxor Commodities CRB Thomson Reuters/Corecommodity UCITS ETF has quotations on different exchanges and is known under several ticker symbols. As long as the ISIN number is identical you are dealing with the same ETF.