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SPDR S&P METALS & MINING (XME) 48.81 -$0.13 (-0.27%) 02:45AM (15 mins delay)

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Two More Commodity Equity ETFs from Jefferies: Global Agriculture and Industrial Metals

Oct 27, 2009 - 12:13 PM EDT

Ron Rowland submits:

Jefferies is taking advantage of the uncertainty surrounding CFTC activity in the ETF marketplace by launching two more commodity-oriented funds that bypass CFTC intervention. The Jefferies | TR/J CRB Global Agriculture Equity Index Fund (CRBA) and the Jefferies | TR/J CRB Global Industrial Metals Equity Index Fund (CRBI) began trading today. Both ETFs invest in equities of commodity producers – not the actual commodities.

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Source: Seeking Alpha (Oct 27, 2009 - 12:13 PM EDT)