MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, October 1, 2009 Regulators Force Changes at Two Commodities ETFs Some fund firms have to worry about regulators besides the SEC. The Wall Street Journal's Carolyn Cui reports that Deustche Bank is shifting the allocations in the PowerShares DB Commodity Index Tracking Fund and the PowerShares DB Agriculture Fund thanks to concentration concerns from the Commodity Futures Trading Commission. The two funds boast about $5.5 billion in total assets. The shift entails reductions in the funds' holdings of corn, crude oil, sugar and wheat, along with increases in cocoa, coffee, copper, gasoline, live cattle and natural gas. Printed from: MFWire.com/story.asp?s=22805 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |