Dow Jones-AIG Commodity Index
Encyclopedia
The Dow Jones-UBS Commodity Index DJ-UBSCI is a broadly diversified index that allows investors to track commodity futures through a single, simple measure.
The DJ-UBS is composed of futures contracts on physical commodities. The index is designed to minimize concentration in any one commodity or sector. It currently has 19 commodity futures in seven sectors. No one commodity can comprise less than 2% or more than 15% of the index, and no sector can represent more than 33% of the index [as of the annual weightings of the components]. The weightings for each commodity included in DJ-AIGCI are calculated in accordance with rules that ensure that the relative proportion of each of the underlying individual commodities reflects its global economic significance and market liquidity. Annual rebalancing and reweighting ensure that diversity is maintained over time.
The DJ-UBS is composed of futures contracts on physical commodities. The index is designed to minimize concentration in any one commodity or sector. It currently has 19 commodity futures in seven sectors. No one commodity can comprise less than 2% or more than 15% of the index, and no sector can represent more than 33% of the index [as of the annual weightings of the components]. The weightings for each commodity included in DJ-AIGCI are calculated in accordance with rules that ensure that the relative proportion of each of the underlying individual commodities reflects its global economic significance and market liquidity. Annual rebalancing and reweighting ensure that diversity is maintained over time.
See also
- Goldman Sachs Commodities Index
- Reuters/Jefferies CRB Index
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- Standard & Poor's Commodity IndexStandard & Poor's Commodity IndexThe Standard & Poor's Commodity Index is a commodity price index that measures the price changes in a cross section of agricultural and industrial commodities with actively traded U.S. futures contracts, stretching across five sectors - Energy, Metals, Grains, Livestock, and Fibers & Softs. Only...