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Tuesday, December 6, 2011

Composition and Weights for the Merrill Lynch Commodity Index 2012

Composition and Weights for the Merrill Lynch Commodity Index 2012 ; Bank of America Merrill Lynch today announced the 2012 composition and weights for the Merrill Lynch Commodity index eXtraSM (MLCX). The MLCX is designed to provide a liquid, consistent, representative and cost-efficient benchmark for commodity market performance and for investment in commodities as an asset class. The MLCX contains the following six market sectors identified by BofA Merrill Lynch Global Commodity Research: Energy, Base Metals, Precious Metals, Grains & Oil Seeds, Livestock, and Soft Commodities & Others.

Bank of America Merrill Lynch constructs the MLCX based on the liquidity of the constituent futures contracts and the value of the global production of each underlying commodity. For 2012, cotton has been added to the index. The commodity weights, which are determined by the Bank of America Merrill Lynch Commodities group pursuant to the MLCX Handbook, are listed below: Read More.. For the latest updates PRESS CTR + D or visit Stock Market news Today

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