abstract:A commodity index fund is a fund whose assets are invested in financial instruments based on or linked to a commodity index. In just about every case the index is in fact a Commodity Futures Index.
The Powershares DB CommodityIndex Tracking Fund ( DBC) is a widely followed and liquid ETF that tracks the changes in the Deutsche Bank Liquid CommodityIndex.
Goldman, then, began trading in commodities, set up a fund and an index (Goldman Sachs CommodityIndex) consisting of cattle, coffee, corn, wheat, cocoa, etc.