Jefferies Launches Highly Desired Agricultural and Metals ETFs
Jefferies exhibits no delay when it comes to releasing funds in the height of their demand. Two new issues, launched on October 27, provide investors exposure to agriculture and metals, two popular anti-inflationary investments.
The Jefferies TR/J CRB Global Agriculture Equity Index Fund (CRBA: Quote, Profile, Advanced Chart, News) and the Jefferies TR/J CRB Global Industrial Metals Equity Index Fund (CRBI: Quote, Profile, Advanced Chart, News) are the names of the two new funds. The Jefferies TR/J CRB Global Agriculture Equity Index Fund will seek out investments in companies that produce primarily agriculture and derivative products, including grains, livestock, seeds, fertilizers, etc, according to Reuters.
The Jefferies TR/J CRB Global Industrial Metals Equity Index Fund will invest in companies centered in the production of base metals, which are most in demand for infrastructure and global stimulus efforts, as well as for anti-inflation investments. Both funds will trade with a .65% annual expense ratio.

Seeking to avoid CTFC limits on commodities while still providing investors with exposure, ALPS has launched a new ETF designed to track changes in commodity prices. The Thomson Reuters/Jefferies CRB Global Commodity Equity Index Fund (CRBQ:
Tuesday initiated the CTFC’s hearings on the role investment banks and exchange-traded funds play in distorting the commodities markets. Under fire are large firms like Goldman Sachs and ETF issuers, who influence daily volume on the commodities exchange.
ALPS is bravely testing the commodity waters with a lineup of five new ETFs that will be introduced to Wall Street in 2009. Better known for servicing other ETFs and mutual funds, the company will try its luck with growing its own exchange-traded fund business.
Delta Global has filed to create three new actively-managed ETFs that each capitalize upon niches recently made popular amongst investors. All three are centered on highly demanded investment classes that traders have snapped up with exchange-traded funds.

