Credit Suisse Expands Its Commodity ETN Line-Up

With equity markets dropping returns left and right, Credit Suisse’s new launches in the commodity sector are a bright spot in the otherwise gloomy global market outlook. Looking to gain access to the total commodity space, these two new funds could be a strong portfolio hold for overall commodity market exposure [see ETF Database Launch Center]. Credit Suisse has already launched two new funds earlier this year–the Gold Shares Covered Call ETN and Silver Shares Covered Call ETN –and these two new ETNs will offer a wider range of commodity exposure through different investment strategies [also see Sector ETFs: Biggest Winners & Losers YTD]. Credit Suisse Commodity Benchmark ETN : This fund will offer exclusively long exposure to a monthly re-balanced portfolio of rolling futures contracts on a wide range of physical commodities, including energy, livestock, agriculture, and both industrial and precious metals. The commodities included in the index are determined based on [...] Click here to read the original article on ETFdb.com. Related Posts: April ETF Roundup: Launches, Filings And Closures Launch Frenzy: iShares, FlexShares and Credit Suisse All Bring Funds To Market The Ultimate Guide To Resource-Specific “Third Generation” Commodity ETPs iShares Files For Target Maturity ETFs, EG Shares Plans Active Fund GLDI: Where Gold And Dividends Meet