Snack Pack: Copper, Dollar, ETF’s, Bond Yields (CU, UUP)
See the full “Bloomberg” segment below:
First Trust ISE Global Copper Index (NASDAQ:CU)
The First Trust ISE Global Copper Index Fund is an exchange-trade fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund’s fees and expenses, of an equity index called the ISE Global CopperTM Index.
PowerShares DB US Dollar Index Bullish (NYSEARCA:UUP)
The PowerShares DB US Dollar Bullish Fund (Symbol: UUP) seeks to track changes, whether positive or negative, in the level of the Deutsche Bank Long US Dollar Index (USDX®) Futures Index Ñ Excess Return™ (DB Long USD Futures Index) plus the interest income from the Fund’s holdings of U.S. Treasury securities less the Fund’s expenses. DB Commodity Services LLC serves as the managing owner of the Fund. The Fund is designed for investors who want a cost effective and convenient way to track the value of the U.S. dollar relative to a basket of the six major world currencies Ñ the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc (collectively, the “Basket Currencies”). The Index is a rules-based index composed solely of long U.S. Dollar Index futures contracts that trade on the ICE futures exchange (USDX® futures contracts). The USDX® futures contract is designed to replicate the performance of being long the U.S. dollar against the Basket Currencies. You cannot invest directly in the Index.