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The worst performing commodities


The worst performing commodities are: (bloomberg symbols)

10 years (per annum)
Coffee     -13.2% (COFF:LN)
Cotton     -12.8% (COTN:LN)
Sugar      -1.2%   (SUGA:LN)
You have all of these in 1 ETF (Softs) under bloomberg symbol: AIGS:LN
Natural gas -12.6% (NGAS:LN)


The best performing commodities are:

10 years (per annum)
Nickel        24.1% (NICK:LN)
Crude oil   18.6%  (CRUD:LN)
Copper      16.6%  (COPA:LN)
Platinum   14.17% (PHPT:LN)

http://www.etfsecurities.com/en/securities/etfs_performance.asp 
http://www.djindexes.com/mdsidx/downloads/aig/Commodity_Monthly_Performance.pdf (page 2)
By GordonGekko at 2007-12-06 20:40 | Stocks | GordonGekko's blog


NGAS

I was curious how do you buy commodies.  NGAS?  I decided no more US cash for me until the deficet is less than 2%.
By buybackking at Fri, 2007-12-07 01:40 | login or register to post comments

OD7L:GY

http://boerse-frankfurt.com/pip/dispatch/en/pip/private_investors/fonds/rohstoffe 

As you can see trading currency is EUR, but asset currency is USD.Natural gas is quoted in USD.

It took me ages to find out where are Jim Rogers funds traded in EUR:

Bloomberg symbols:
M9SA:GR - Jim Rogers commodity index fund
M9SB:GR - Jim Rogers agriculture
M9SC:GR - Jim Rogers metals 

Management fee is 0.85%.

So, how comes that asset currency is EUR and not USD if all main commodities are quoted in USD? Here is the answer:Link

As you can see index is based on futures that are traded in USD and later converted to EUR.
So asset currency is USD and not EUR.

Anyway, with natural gas this is the best option (bloomberg symbol)
OD7L:GY  its traded in EUR.

By GordonGekko at Fri, 2007-12-07 05:19 | login or register to post comments