RT Journal Article
SR Electronic
T1 The Risks and Rewards of Investing in Commodity–Based Indices
JF The Journal of Alternative Investments
FD Institutional Investor Journals
SP 32
OP 44
DO 10.3905/jai.2000.318931
VO 3
IS 1
A1 Sam Y. Chung
YR 2000
UL https://pm-research.com/content/3/1/32.abstract
AB In recent years new exchange traded and over–the–counter commodity indices have come into existence. This article reviews the construction of major investable commodity indices and compares their risk and return characteristics with those stock, bond, real estate, managed futures, and hedge fund indices, as well as those of active commodity managers. Each commodity index is examined both as a stand–alone investment and as part of a well–diversified portfolio with equities and bonds.