|Day Low/High||5.45 / 5.47|
|52 Wk Low/High||5.09 / 6.38|
|YTD Return vs Category||3.17|
HSBC USA Inc. ("HSBC") is announcing the redemption of all of the ELEMENTS SM exchange-traded notes linked to the S&P Commodity Trends Indicator - Total Return due June 16, 2023 ("ETNs").
Here are two managed funds that offer a more tactical approach to deal with the uncertainties in the commodities markets.
These funds are designed to make money by taking long and short positions based on rules guiding the index.
The breakdown in asset allocation gives an insight into the investment strategies of the Boston geniuses.
This absolute-return product could help offset volatility in the commodities portion of a portfolio.