Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Copper ETFs Stay Small Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, June 14, 2010

Copper ETFs Stay Small

News summary by MFWire's editors

Copper is in the red, reports the WSJ Fund Track. The column focuses on the two products -- one an exchange-traded fund (ETF) and the other an exchange-traded note (ETN) -- that concentrate on the metal. Combined, the two products hold just more than $100 million.

BlackRock offers the $100 million iPath Dow Jones-UBS Copper Subindex Total Return ETN (JJC) while the ETF is the $4 million First Trust ISE Global Copper Index Fund (CU). First Trust opened its ETF only three months ago.

Copper prices are down nealy 20 percent recently, mostly on fears that an economic slowdown will cut demand for the metal. One worry is that the Chinese government will slow its housing sector. Another is the potential for a slowdown in Europe due to its credit crisis. A third is increasing unemployment in the United States. 

Edited by: Sean Hanna, Editor in Chief


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use