DJ announces 2006 Dow Jones-AIG Commodity Index re-weighting
Dow Jones Indexes has announced new target weightings for commodity futures in the Dow Jones-AIG Commodity Index with effect from January 2006.
The new target weights, which were determined, approved and previously announced by the Dow Jones-AIG Commodity Index Oversight Committee in August 2005, are listed below (all figures are percentages).
Natural Gas 12.315174<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
Crude Oil 12.783801
Unleaded Gas 4.054908
Heating Oil 3.846118
Live Cattle 6.093791
Lean Hogs 4.351381
Wheat 4.772085
Corn 5.873635
Soybeans 7.766934
Soybean Oil 2.765764
Aluminum 6.851975
Copper 5.880787
Zinc 2.702377
Nickel 2.659153
Gold 6.220211
Silver 2.000000
Sugar 2.967351
Cotton 3.163003
Coffee 2.931553
These weights will be used to determine the Dow Jones-AIG Commodity Index Multipliers for 2006 on Jan. 6, 2006. These multipliers, computed once a year, are factors used to express the percentage weights in US dollar-denominated terms when calculating the index.
Launched in 1998, the Dow Jones-AIG Commodity index family includes nine sector sub-indexes, EUR- and YEN-denominated versions of the Dow Jones-AIG Commodity Index, and the Dow Jones-AIG Commodity Spot Index. Also available are total return versions of each of the indexes and sub-indexes, with the exception of the Dow Jones-AIG Commodity Spot Index. Currently, there is an estimated USD 20 billion invested in financial products that track the Dow Jones-AIG Commodity Index on a global basis.
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