On Tuesday, January 15, 2013
, executives and guests of United States Commodity Funds, will celebrate the successful launch of the The United States Agriculture Index Fund (USAG) at the New York Stock Exchange (NYSE) and ring the NYSE Opening Bell.
The United States Agriculture Index Fund (USAG) is an exchange traded product ("ETP") that seeks to reflect the performance of a portfolio of agriculture futures contracts fully collateralized with U.S. Treasury Bills. The investment objective of USAG is for the daily changes in percentage terms of its units' net asset value ("NAV") to reflect the daily changes in percentage terms of the SummerHaven Dynamic Agriculture Index Total ReturnSM, less USAG's expenses. USAG issued units may be purchased and sold on the NYSE Arca.
To mark this occasion, Chief Investment Officer John Hyland will ring The Opening Bell.
Tuesday, August 21, 2012
NYSE Security Checkpoint/Tent at corner of Exchange Place and Broad Street
9:00 a.m. Media escorted into the building
9:30 a.m. The Opening Bell rings/photo ops on the trading floor
Media interested in covering the bell ringing MUST contact Anthony Drizis at 212.656.2147
Photos available via Associated Press/New York (212.621.1902), Reuters America (646.223.6285), Getty Images (646.613.4141), Bloomberg Photo (212.617.3420), European Press Agency (917.670.1323), and Insider Images. The Opening Bell (starting at 9:25 a.m.) feed is available via Encompass loop #4009. Media seeking footage via The Switch should contact NYSE Broadcast at 212.656.5483.
For photos and video of the bell ringing, connect with NYSE Euronext on Facebook (NYSE Euronext), YouTube (nysetv1), and Twitter (@NYSEEuronext), #NYSEBell.
About the SummerHaven Dynamic Agriculture Index
The SummerHaven Dynamic Agriculture Index Total Return ("SDAI") is an innovative approach to commodity investing that uses fundamental signals about underlying physical markets to create an active benchmark for commodity futures investors. The SDAI is a rules-based index and tracks the performance of a fully collateralized portfolio of agriculture futures, based on observable price signals.
About SummerHaven Index Management, LLC:
SummerHaven Index Management, LLC creates innovative commodities indices focused on providing investors with better risk-adjusted returns than traditional commodity index benchmarks. The firm is the owner, creator and licensor of commodity indices including the SummerHaven Dynamic Agriculture Index Total ReturnSM ("SDAI"), the SummerHaven Copper Index Total ReturnSM ("SCI") and the SummerHaven Dynamic Commodity Index Total ReturnSM ("SDCI"). SummerHaven Index Management's principals include K. Geert Rouwenhorst, an academic who is one of the authors of widely cited research on commodities futures investing including "Facts and Fantasies about Commodity Futures" and "Fundamentals of Commodities Futures Returns". The firm is led by a seasoned management team with over 50 years of collective Wall Street experience in commodity futures, capital markets, investment management, and exchange traded products.