LSC Commodity ETN Tries to Minimize Risk

The Rydex Managed Futures Strategy Fund(RYMFX Quote), which was launched a little over a year ago, has lived up to its billing since inception, as the chart below shows.

RYMFX goes long and short various commodity and financial futures based on technical indicators, with the intention of providing an absolute return without much correlation to the to U.S. stock market.

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There is now a similar product in the exchange-traded arena with the ELEMENTS Linked to the S&P Commodity Trends Indicator Total Return(LSC Quote). The index underlying LSC has fixed allocations to energy 37.5%, grains 23.00%, precious metals 10.50%, industrial metals 10%, livestock 10% and softs (things like coffee, cocoa and sugar) 9%. ...