Bloomberg Announces 2017 Target Weights for BCOM
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Bloomberg Announces 2017 Target Weights for BCOM
Bloomberg, the global business financial information and news provider, has announced the 2017 target weights and composition for the Bloomberg Commodity Index (BCOM), a highly liquid and diversified benchmark for the global commodities market. No new commodities are to be added or removed as a result of the annual reconstitution.
New Target Weights
The new target weights will be used to determine the Commodity Index Multipliers (CIM) for 2017. The new CIM will be calculated on the fourth business day of 2017 and used to express the percentage weights in US dollar-denominated terms.
Target weights are determined in accordance with the rules described ... (read more)
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