Commodity Currencies Get An ETF

By ETF Trends,  October 01, 2010, 04:00:44 AM EDT

WisdomTree 's brand-new exchange traded fund ( ETF ) has put the currencies of major commodity-producing countries in focus.

WisdomTree Dreyfus Commodity Currency (NYSEArca: Natural Resources, Emerging Market Consumers Get New ETFs.]

A commodity-rich country is defined by WisdomTree as any country that has at least 40% of its GDP tied to natural resources. The countries in CCX are the world's largest exporters of several major commodities, including silver, gold, natural gas, sugar and zinc. reports Trang Ho for Investor's Business Daily . [ Commodities And Academics Come Together In One ETF. ]

The weighting of each country is 12.5%.

The ETF gives investors an opportunity to get exposure to countries and currencies that benefit from rising commodity prices and that pay higher interest rates than the dollar.

Visit our currency page for more stories about currency ETFs.

Tisha Guerrero contributed to this article.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, ETFs

Referenced Stocks: ETF



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