American Stock Exchange Lists GreenHaven Continuous Commodity Index Fund
2008年1月25日 - 1:06AM
PRニュース・ワイアー (英語)
NEW YORK, Jan. 24 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) announced today that it has launched trading in the
GreenHaven Continuous Commodity Index Fund (AMEX:GCC), managed by
GreenHaven Commodity Services, LLC. GCC aims to track the
performance of the Continuous Commodity Total Return Index, an
equal weighted basket of 17 commodities (corn, wheat, soybeans,
live cattle, lean hogs, gold, platinum, silver, copper, cocoa,
coffee, sugar, cotton, orange juice, crude oil, heating oil and
natural gas). Reuters America, LLC owns and calculates the Index.
"The American Stock Exchange is pleased to welcome and support
GreenHaven as they enter the ETF marketplace," said Scott Ebner,
Senior Vice President of the Amex's ETF marketplace. "GCC reflects
a growing investor interest in commodity linked products." Ashmead
Pringle, President of GreenHaven Commodity Services, LLC, stated,
"Increasingly, many investors have concluded that commodities are
an asset class that should be represented in a balanced portfolio.
GCC can provide investors, both large and small, with broad
commodity exposure in an efficient and low-cost way. The Continuous
Commodity Index by Reuters has long been a benchmark of overall
commodity prices. By tracking the index with long positions on U.S.
futures exchanges, GCC will avoid the costs of owning physical
commodities and minimize counterparty risk. Moreover, trading on
Amex will provide shareholders with transparency and liquidity."
Kellogg Capital Group, LLC is the specialist for GCC. About the
American Stock Exchange The American Stock Exchange(R) (Amex(R))
offers trading across a full range of equities, options and
exchange traded funds (ETFs), including structured products and
HOLDRS(SM). In addition to its role as a national equities market,
the Amex is the pioneer of the ETF, responsible for bringing the
first domestic product to market in 1993. Leading the industry in
ETF listings, the Amex lists 383 ETFs to date. The Amex is also one
of the largest options exchanges in the U.S., trading options on
broad-based and sector indexes as well as domestic and foreign
stocks. For more information, please visit http://www.amex.com/.
About GreenHaven Commodity Services, LLC GreenHaven Commodity
Services, LLC is owned by GreenHaven, LLC out of Atlanta, Georgia.
GreenHaven, LLC is a company that specializes in commodities.
Please note that this fund may not be suitable for all investors.
DATASOURCE: American Stock Exchange CONTACT: Bari Trontz of
American Stock Exchange, +1-212-306-8964, Web site:
http://www.amex.com/
Copyright