Email of the day (2)
on a commodity currency ETF
"I came across a new ETF that could be interesting for the Collective. It is the WisdomTree Commodity Currencies (CCX) and involves positions in Brazilian Real, Chilean Peso, Russian Ruble and SA Rand. It also involves Kiwi, Aussie, Norwegian Krone and Canadian dollar. I don't know the fee structure of this vehicle but I think it could be useful for the retail investor. Best wishes for all of you."
Eoin Treacy's view Thank you for this suggestion which was launched on September 24th. Since it is so new we do not have any data on how well it will reflect the performance of these currencies but it is probably worth watching. The WisdomTree Dreyfus Emerging Market Currency fund has been around a while longer and reflects the advance of many emerging market currencies against the US Dollar over the last few months.
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