New Commodity ETN Enters Positions Based On A Moving Average
Posted on June 16, 2008 at 09:30 AM EDT
The ELEMENTS exchange traded notes (ETNs) are adding a new and different commodity-based product to its line-up. The note tracks the S&P Commodity Trends Indicator Total Return Index (S&P CTI), which includes 16 physical commodities futures, divided into six subsectors. The twist on S&P CTI ELEMENTS ETN (LSC) is that it looks at commodities and [...]