|
NOTICE - about Dow Jones-UBS Commodity Indexes HomeThe DJ-UBSCI is composed of futures contracts on physical commodities. Unlike equities, which typically entitle the holder to a continuing stake in a corporation, commodity futures contracts normally specify a certain date for the delivery of the underlying physical commodity. In order to avoid the delivery process and maintain a long futures position, nearby contracts must be sold and contracts that have not yet reached the delivery period must be purchased. This process is known as "rolling" a futures position. The DJ-UBSCI is composed of commodities traded on U.S. exchanges, with the exception of aluminum, nickel and zinc, which trade on the London Metal Exchange (LME). Trading hours for the U.S. commodity exchanges are between 8:00 am and 3:00 pm ET. A daily settlement price for the index is published at approximately 5:00 pm ET. Indexes in the DJ-UBSCI family are calculated on both an excess return and total return basis. The excess return indexes reflect the return of underlying commodity futures price movements only, whereas the total return indexes reflect the theoretical return on fully-collateralized futures positions. Included in the DJ-UBSCI family are subindexes representing the major commodity sectors within the broad index: Energy (including petroleum and natural gas), Petroleum (including crude oil, heating oil and unleaded gasoline), Precious Metals, Industrial Metals, Grains, Livestock, Softs, Agriculture and ExEnergy. Also available are single commodity indexes on all of the individual components of the DJ-UBSCI, plus cocoa, lead, platinum and tin. The DJ-UBSCI family additionally includes forward indexes, which are designed to represent the index composition one, two and three months into the future. These forward indexes meet the increasing interest in tracking exposure to longer-dated commodity futures contracts. Yen, Euro, Swiss Franc and Pounds Sterling denominated versions of the DJ-UBSCI and the DJ-UBSCITR also are maintained. For a complete list of indexes available, download our overview of the Dow Jones-UBS Commodity Index family. |
Available Downloads |
Disclaimer: The information contained herein is being furnished for information purposes only. This communication does not constitute an offer to sell or the solicitation of an offer to purchase any security, future or other financial instrument or product. The information contained herein (including historical prices or values) has been obtained from sources that UBS Securities, LLC ("UBS") and Dow Jones & Company Inc. ("Dow Jones") consider to be reliable; however, neither UBS nor Dow Jones makes any representation as to, or accepts any responsibility or liability for, the accuracy or completeness of the information contained herein. The Dow Jones-UBS Commodity Index was launched on July 14, 1998, and its subindexes, forward indexes and related indexes may have been launched at later dates. All data for any index prior to its launch date is an historical estimation using available data. Historical results should not and cannot be viewed as an indicator of future results. For a more complete description of the DJ-UBSCI, reference is made to the DJ-UBSCI Handbook. "Dow Jones®," "UBS®," "Dow Jones-UBS Commodity Index," "Dow Jones-UBS Commodity Index Total Return" and "DJ-UBSCI" are service marks or trademarks of Dow Jones and UBS AG., as the case may be. Dow Jones does not sponsor, promote, or sell any product based on the DJ-UBSCI, and neither Dow Jones, nor any of its affiliates, makes any representation herein regarding the advisability of investing in any product based on the DJ-UBSCI. Dow Jones is not an advisor as to legal, taxation, accounting, regulatory or financial matters in any jurisdiction, and is not providing any investment or other advice as to any such matter.
