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ETF Trends
06-16-2008, 05:14 AM
ETF Trends - Keeping a Grip on Exchange Traded Funds (ETFs)

http://www.etftrends.com/images/2008/06/13/3237987118.jpeg The ELEMENTS exchange traded notes (ETNs) are adding (http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20080611005647&newsLang=en) a new and different commodity-based product to its line-up. The note tracks the S&P Commodity Trends Indicator Total Return Index (S&P CTI), which includes 16 physical commodities futures, divided into six subsectors.
The twist on S&P CTI ELEMENTS ETN (LSC (http://finance.yahoo.com/q?s=lsc)) is that it looks at commodities and their cyclical movements. The S&P CTI takes long or short positions in each sector based on how current prices compare to a moving price average. Its intent is to capture the rise and fall of rising or deflating prices in the commodities market.
This ETNs release comes at a time when the commodities sector is a key investment theme (http://www.etftrends.com/2008/06/flooding-in-mid.html) of the day.
LSC joins other commodity-related ETNs such as:

E-TRACS UBS Bloomberg CMCI Index ETN (UCI (http://finance.yahoo.com/q?s=uci))
iPath GSCI Commodity Total Return Index ETN (GSP (http://finance.yahoo.com/q?s=gsp))
iPath Dow Jones AIG Agriculture ETN (JJA (http://finance.yahoo.com/q?s=jja))

complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/312861552/new-commodity-e.html)