Dow Jones Indexes (DJI) and UBS Investment Bank have rolled out the Dow Jones-UBS Roll Select Commodity Index. It is designed to lessen the negative effects of contango on index returns. The new index comprises futures contracts on physical commodities. The index, which is a version of the Dow Jones-UBS Commodity Index series, currently includes 19 commodity futures in seven sectors.
Click here for the release from Globe Newswire.