On CNBC.com’s new webcast “Futures Now,” trader Rich Ilczyszyn asks Jim Rogers about agricultural commodities and gets a very bullish answer. Rogers singles out one commodity that¿s well below its all-time high, making it an especially good opportunity.
Watch the full CNBC interview below:
iPath Pure Beta Sugar ETN (NYSEArca:SGAR) The iPath® Pure Beta Sugar ETN is linked to the Barclays Capital Sugar Pure Beta TR Index (the “Index”). The Index is intended to reflect the returns that are potentially available through an unleveraged investment in the futures contracts in the Sugar markets.
The Index is comprised of a single exchange traded futures contract, except during the roll period when the Index may be comprised of two futures contracts. However, unlike many commodity indices which roll their exposure to the corresponding futures contract on a monthly basis in accordance with a pre-determined roll schedule, the Index may roll into one of a number of futures contracts with varying expiration dates, as selected using the Barclays Capital Pure Beta Series 2 Methodology.
In addition the Index reflects the rate of interest that could be earned on cash collateral invested in specified Treasury Bills.