This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

The 'Indiana Jones of Finance'

The success of the RICI has not gone unnoticed in the ETF and ETN realm. In 2007, Rogers lent his name to a company called Elements who put together four ETNs to track slices of the commodity sector. The ETNs are Elements Linked to Rogers International Commodity Index Total Return (RJI), Elements Linked to Rogers International Commodity Index Agriculture Total Return (RJA), Elements Linked to Rogers International Commodity Index Energy Total Return (RJN) and Elements Linked to Rogers International Commodity Index Metals Total Return (RJZ).

This summer Van Eck released the Market Vectors-RVE Hard Assets Producers ETF (HAP). HAP's index, The Rogers-Van Eck Hard Assets Producers Index, was designed in concert with the investor and is structured to act as a one-stop shopping center for the global hard- asset industry.

Today, Rogers would have no problem finding a commodities index fund to invest in. In fact, with instruments such as United States Natural Gas (UNG), United States Oil Fund (USO), Dow Jones-AIG Livestock Total Return ETN (COW), PowerShares DB Agriculture Fund (DBA) and many others, holding commodities has quickly become as commonplace to portfolio development as stocks, bonds and cash.

Although a number of the funds continue face substantial public scrutiny, it has become apparent that, thanks in part to Rogers and RICI, commodity investing is here to stay.

-- Written by Don Dion in Williamstown, Mass.

At the time of publication, Dion did not have any positions in the equities mentioned.

Don Dion is president and founder of Dion Money Management, a fee-based investment advisory firm to affluent individuals, families and nonprofit organizations, where he is responsible for setting investment policy, creating custom portfolios and overseeing the performance of client accounts. Founded in 1996 and based in Williamstown, Mass., Dion Money Management manages assets for clients in 49 states and 11 countries. Dion is a licensed attorney in Massachusetts and Maine and has more than 25 years' experience working in the financial markets, having founded and run two publicly traded companies before establishing Dion Money Management.

Dion also is publisher of the Fidelity Independent Adviser family of newsletters, which provides to a broad range of investors his commentary on the financial markets, with a specific emphasis on mutual funds and exchange-traded funds. With more than 100,000 subscribers in the U.S. and 29 other countries, Fidelity Independent Adviser publishes six monthly newsletters and three weekly newsletters. Its flagship publication, Fidelity Independent Adviser, has been published monthly for 11 years and reaches 40,000 subscribers.

3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
DBA $22.25 0.00%
HAP $34.79 0.00%
RJZ $7.91 0.00%
RJN $3.98 0.00%
RJI $6.14 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs