Commodities basket

praetorian2 · Sep 5, 2003

Guys,

Quick question. I want to find a way to buy a diversified basket of commodities. I cannot find any ETF or exchange traded fund. Does anyone here know how I could go about buying something similar to the CRB index or Jim Rogers one?

Harris:.

Foz · Sep 5, 2003

It's thin, but one idea is the Goldman Sachs Commodity Index future at the CME.

Or many managers buy their own basket of crude, gold, etc. futures.

nkhoi · Sep 5, 2003

may be you have to make that basket yourself http://personal.fidelity.com/products/stocksbonds/content/baskettrading.shtml

praetorian2 · Sep 5, 2003

Guys, thanx.

I am not allowed to buy futures. Is there any other way that you can think of?

Hugh G Recshun · Sep 8, 2003

Would you consider a mutual fund? If so, then perhaps the PIMCO Commodity Real Return Strategy fund would meet your requirements.

http://www.pimco.com/ps/bonds_prods...mmodityreal.htm

No load shares are available.

praetorian2 · Sep 8, 2003

Thanx,

I would have to ask my lawyers if that is possible, but I am intrigued. Too bad there is no holder or exchange traded fund I can purchase.

Can you redo the link. That did not work.

Harris:.

size · Sep 8, 2003

Quote from praetorian2:

Guys,

Quick question. I want to find a way to buy a diversified basket of commodities. I cannot find any ETF or exchange traded fund. Does anyone here know how I could go about buying something similar to the CRB index or Jim Rogers one?

Harris:.

Sounds like you must be bullish on Commodities long term, as Jim Rogers is. One thing you might consider if you can't find an alternitive in equities is buying a basket of stocks that are correlated to commodites, i.e. mining companies, oil services.

praetorian2 · Sep 8, 2003

I already have that, but I do not want company specific risks if I can avoid it. How do I get coffee and cotton exposure and stuff also? It has to be a commodity basket.

This is all jim rogers and marc faber reading.They make a ton of sense.

nkhoi · Sep 8, 2003

basket of mix funds http://finance.yahoo.com/q/cq?d=v1&s=pgnax+xle+xlb+xlu+oih

size · Sep 8, 2003

I'm no economist, but since rising commodity prices across the board means inflation, anything correlated to inflation should mimic being long a basket of commodities. Perhaps short bonds?

I understand your frustrated perseverence in wanting to find something directly related to the commodities. I enjoyed Rogers book and seminar recently. How can you argue with a guy who took the backroads around the world twice?