阿弟@投資世界: 逆向投資【農產品ETF】

2016年1月19日星期二

逆向投資【農產品ETF】

大宗商品股票，其實還有不少是可以逆勢投資考慮的。

例如：

◎必和必拓(BHP Billiton Ltd)BHP

◎力拓(Rio Tinto Group)RIO

◎英美資源集團 (Anglo American) (LON:AAL)

三者中，以Anglo AmericanL長期債務最高，經營效率AAL最低，RIO其次，BHP最好。

因此若漲時，AAL和RIO比較有機會漲多些。

不過，我認為大宗商品股票不需要購買太多，因為起不了分散風險效果。

只需要集中在【金，銀，油，糧食】四個領域的股票就可以了！

因為糧食股票很難買，所以只能折衷購買【農產品ETF】。

【農產品ETF】幾乎主要都是通過金融衍生產品來追蹤農產品期貨價格的。

而不是買農產品生產公司的股票，實際上這類股票也很難找。

目前，我比較傾向於多元化不同農產品的#【PowerShares/DB Agricultural ETF (DBA)】

#1: PowerShares/DB Agricultural ETF (DBA)

DBA follows the DBIQ Diversified Agriculture Index Excess Return which is composed of futures contracts on the most widely traded agricultural commodities. The fund was launched in January 2007. The expense ratio is .75%. AUM (Assets under Management) equal $2 billion and average daily trading volume is 1M shares. As of early March

#2: Barclays iPath Grains Total Return ETN (JJG)

JJG follows the Dow Jones-UBS Grains Subindex Total Return which is an index composed of just three futures contracts in Soybeans, Corn and Wheat. The fund was launched in October 2007. The expense ratio is .75%.

#3: Barclays iPath Agriculture Sub-index ETN (JJA)

JJA follow the Dow Jones-UBS agriculture Subindex Total Return Index which is composed of seven futures contracts on agricultural commodities. The fund was launched in October 2007. The expense ratio is .75%.

#4: Teucrium Corn ETF (CORN)

CORN follows the rollover of corn futures traded on the CME and by its structure is designed to give investors unleveraged exposure to corn futures contracts. The fund was launched in June 2010. The expense ratio is 1.42%. AUM equal $68 million and average daily trading volume is 60K shares. As of early March 2012 the YTD return is

#5: Barclays iPath Sugar ETN (SGG)

SGG follows the Dow Jones-UBS Sugar Subindex Total Return Index which simply consists of one futures contract of sugar which is rolled over upon contract expiration. The fund was launched in June 2008. The expense ratio is .75%. AUM is $41 million and average daily trading volume is less than 27K shares. As of early March 2012 the

#6: Barclays iPath Cotton ETN (BAL)

BAL follows the Dow Jones-UBS Cotton Subindex Total Return Index which is a single commodity consisting of rolling over one cotton futures contract. The fund was launched in June 2008. The expense ratio is .75%. AUM equal $41 million and average daily trading volume is 22K shares.

#7: ELEMENTS Rogers International Agriculture ETN (RJA)

RJA follows the Rogers International Commodity Index-Agricultures Total Return which is an index of 20 agricultural commodity futures contracts and is a sub-index of the Rogers International Commodity Index.

#8: Barclays iPath Coffee ETN (JO)

JO follows the Dow Jones-UBS Coffee Subindex Total Return which is another single commodity product investing in a single coffee futures contract which is continuously rolled-over. The fund was launched in June 2008. The expense ratio is .75%.

#9: Barclays iPath Livestock ETN (COW)

COW follows the Dow Jones-UBS Livestock Subindex Total return which is currently composed of two livestock commodities--lean hogs and live cattle--which are traded and rolled over on U.S. exchanges. The fund was launched in October 2007.

#10: UBS Bloomberg Food ETN (FUD)

FUD follows the UBS Bloomberg CMCI Food Index Total Return Index which provides direct exposure to a basket of 11 futures contracts from agricultural and livestock sectors. The fund was launched in April 2008. The expense ratio is .65%.