This is interesting - 2007 "target", 2007 "targets" and what looks to be "actual" weightings as of Dec 31
The Dow Jones - AIG Commodity IndexSM 2007 Commodity Index Percentages
Natural Gas 12.546191%
Crude Oil 12.723561%
Unleaded Gas (RBOB) 3.940958%
Heating Oil 3.789289%
Live Cattle 6.141286%
Lean Hogs 3.013524%
Wheat 4.715495%
Corn 5.627129%
Soybeans 7.747790%
Soybean Oil 2.845646%
Aluminum 6.803820%
Copper 6.187758%
Zinc 2.798069%
Nickel 2.715318%
Gold 6.825901%
Silver 2.288179%
Sugar 3.122271%
Cotton 3.146094%
Coffee 3.021718%
The Dow Jones - AIG Commodity IndexSM 2008 Commodity Index Percentages
Natural Gas 12.237084%
Crude Oil 13.156592%
Gasoline 3.783798%
Heating Oil 3.822525%
Live Cattle 4.887400%
Lean Hogs 2.548123%
Wheat 4.703406%
Corn 5.663457%
Soybeans 7.628541%
Soybean Oil 2.811933%
Aluminum 7.107971%
Copper 7.040516%
Zinc 3.033016%
Nickel 2.791708%
Gold 7.396190%
Silver 2.721423%
Sugar 3.185145%
Cotton 2.479588%
Coffee 3.001585%
As of December 31, 2007
DJGI AIG COMMODITY INDEX - COMMODITY WEIGHTINGS
Name Exchange Weight
Aluminum London Metal Exchange (LME) 4.70
Soybean Oil Chicago Board of Trade (CBOT) 3.73
Corn Chicago Board of Trade (CBOT) 5.31
Coffee Coffee, Sugar, Cocoa Exchange (CSCE) 2.58
Crude Oil New York Mercantile Exchange (NYMEX) 15.99
Cotton New York Cotton Exchange (NYCE) 2.95
Gold Commodity Exchange Inc. (New York) (COMEX) 7.07
Copper Commodity Exchange Inc. (New York) (COMEX) 5.60
Heating Oil New York Mercantile Exchange (NYMEX) 4.72
Live Cattle Chicago Mercantile Exchange (CME) 4.77
Lean Hogs Chicago Mercantile Exchange (CME) 2.18
Natural Gas New York Mercantile Exchange (NYMEX) 10.85
Nickel London Metal Exchange (LME) 1.70
RBOB New York Mercantile Exchange (NYMEX) 4.93
Soybean Chicago Board of Trade (CBOT) 10.46
Sugar Coffee, Sugar, Cocoa Exchange (CSCE) 2.28
Silver Commodity Exchange Inc. (New York) (COMEX) 2.08
Wheat Chicago Board of Trade (CBOT) 6.77
Zinc London Metal Exchange (LME) 1.34
So to me it looks like they need to increase zinc from 1.34% to 3.03%
The DJ-AIGCI is composed of futures contracts on 19 physical commodities. Unlike equities, which entitle the holder to a continuing stake in a corporation, commodity futures contracts specify a delivery date for the underlying physical commodity. In order to avoid delivery and maintain a long futures position, nearby contracts must be sold and contracts that have not yet reached the delivery period must be purchased. This process is known as ""rolling" a futures position. The DJ-AIGCI is a "rolling index".
The DJ-AIGCI is composed of commodities traded on U.S. exchanges, with the exception of aluminum, nickel and zinc, which trade on the London Metal Exchange (LME).
futures jan feb mar apr may jun jul aug sep oct nov dec
Zinc mar mar may may jul jul sep sep nov nov jan jan
dont see much in the futures market however.. rebalance figures were announced in august..
cash 3m 15m
Zinc 2384 2404 2405
- Forums
- ASX - By Stock
- ZFX
- dirt cheap
ZFX
zinifex limited
dirt cheap, page-47
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)