VanEck Launches Actively Managed Commodity Strategy ETF (PIT), Focused on Seeking Maximum Risk-adjusted Returns
Newest offering from VanEck’s Quantitative Investment Solutions team, PIT provides exposure to commodity futures across a wide range of sub-categories
VanEck announced the launch of the VanEck Commodity Strategy ETF, an actively managed ETF that seeks to provide long-term capital appreciation and attractive risk-adjusted returns by investing primarily in exchange-traded commodity futures contracts across five major sub-sectors: energy, precious metals, industrial metals, agriculture and livestock.
Natural Language Processing Capabilities : Finch Computing Accelerates its Natural Language Processing Capabilities
“We’re excited to be launching PIT to offer investors and advisors an actively managed commodity strategy seeking to maximize return within a risk-controlled framework. We look forward to further educating the marketplace about this strategy and the specific role PIT’s actively managed approach can play in a portfolio.”
PIT will be managed by David Schassler, Portfolio Manager and Head of Quantitative Investment Solutions at VanEck, and his team. He brings nearly 20 years of experience to this role.
In the case of PIT, David and the management team employ a strategy that considers risk and return metrics of each commodity, while targeting opportunities along the futures curve in order to maximize the expected risk-adjusted returns. The Fund offers a tax reporting advantage relative to many other commodity investments as it does not produce a K-1 tax form.
“Commodity exposure can play a valuable role in a portfolio, both from a capital appreciation standpoint and as a hedging tool against inflation, which remains at historically elevated levels,” said Schassler. “We’re excited to be launching PIT to offer investors and advisors an actively managed commodity strategy seeking to maximize return within a risk-controlled framework. We look forward to further educating the marketplace about this strategy and the specific role PIT’s actively managed approach can play in a portfolio.”
VanEck has been a pioneer in commodity investing since the firm launched the first U.S.-based gold equity strategy in 1968 and further asserted its leadership in 1994, when it was among the first to provide investors with an actively managed portfolio of diversified natural resource equities.
Data Science News: Mosaic Data Science Develops Innovative AI-Text Generation Tool That Summarizes Content for Specific Audiences
PIT joins a lineup of asset allocation solutions from VanEck that also includes the recently launched VanEck Dynamic High Income ETF (INC), VanEck Inflation Allocation ETF (RAAX), VanEck Muni Allocation ETF (MAAX) and VanEck Long/Flat Trend ETF (LFEQ).
VanEck has a history of looking beyond the financial markets to identify trends that are likely to create impactful investment opportunities. We were one of the first U.S. asset managers to offer investors access to international markets. This set the tone for the firm’s drive to identify asset classes and trends – including gold investing in 1968, emerging markets in 1993, and exchange traded funds in 2006 – that subsequently shaped the investment management industry.
Today, VanEck offers active and passive strategies with compelling exposures supported by well-designed investment processes. As of November 30, 2022, VanEck managed approximately $71.5 billion in assets, including mutual funds, ETFs and institutional accounts. The firm’s capabilities range from core investment opportunities to more specialized exposures to enhance portfolio diversification. Our actively managed strategies are fueled by in-depth, bottom-up research and security selection from portfolio managers with direct experience in the sectors and regions in which they invest. Investability, liquidity, diversity, and transparency are key to the experienced decision-making around market and index selection underlying VanEck’s passive strategies.
AI Insights : XAPP AI Achieves AWS Conversational AI Competency Distinction
[To share your insights with us, please write to sghosh@martechseries.com]
Comments are closed.