New Subindexes to Offer Investors Opportunity To Exclude Specific Individual Commodities
NEW YORK (April 7, 2011)–Dow Jones Indexes and UBS Investment Bank today announced they are adding eight commodity subindexes to the Dow Jones-UBS Commodity Index family that measure an opportunity set excluding commodities such as agriculture, livestock or grains.
Also launching as subindexes of the Dow Jones-UBS Commodity Indexessm family are indexes that exclude the other major commodity sectors within the broad index: industrial metals, precious metals, soft commodities, petroleum products and agriculture/livestock.
“These new subindexes measure commodity markets from the perspective of investors that want zero exposure to certain sectors,” said Michael A. Petronella, President, Dow Jones Indexes.
In addition to the eight new subindexes, the DJ-UBSCI℠ series consists of the Dow Jones-UBS Commodity Index comprising 19 commodities; the eight previously existing subindexes; and 28 single commodity subindexes for aluminum, Brent crude, cocoa, coffee, copper, corn, cotton, crude oil, feeder cattle, gas oil, gold, heating oil, lead, lean hogs, live cattle, natural gas, nickel, orange juice, platinum, silver, soybeans, soybean meal, soybean oil, sugar, tin, unleaded gasoline, wheat and zinc.
As of March 25, assets totaling $76.9 billion tracked Dow Jones-UBS Commodity Indexes.
Further information on the Dow Jones-UBS Commodity Indexes can be found at http://www.djindexes.com/