Key stats
About United States Copper Index Fund ETV
Expense ratio
0.97%
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Inception date
Nov 15, 2011
CPER is a commodity pool tracking copper futures contracts on COMEX. The fund uses a complex optimization process to select two or three contracts each month in an attempt to mitigate the effects of contango. Contracts are selected using quant analysis on prices of eligible copper futures, developed by Summer Haven Index Management. Because of the fund`s commodity pool structure, investors will pay a blended tax rate on capital gains regardless of how long they`ve held it, and will receive a K-1 at tax time.
Classification
What's in the fund
Exposure type
Futures
Cash
Bonds, Cash & Other100.00%
Futures48.96%
Cash45.24%
Government5.80%
Displays a symbol's price movements over previous years to identify recurring trends.