Merrill Lynch Commodity Index eXtra
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The Merrill Lynch Commodity index eXtra (MLCX) is a rules-driven
commodity index where commodity contracts are initially selected
by liquidity and then weighted by the importance of each commodity
in the global economy, with particular emphasis on downstream
commodities.
| MLCX Traditional Index Benefits |
- Reduced Risk > Negative correlation
to traditional asset classes.
- Enhanced Returns > High historical
equity-like returns.
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| Additional MLCX Benefits |
- Increased Returns > The MLCX can
increase returns by staying “further out on the
curve” and rolling its components semi-continuously.
- More exposure to downstream commodities >
Over long periods of time, these downstream commodities
tend to reflect superior spot and roll returns.
- Selection & Flexibility > Offers
ER and TR indices, seven sector and single commodities
indices for each commodity in the index.
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Merrill Lynch is a primary liquidity provider of traditional commodity
indices such as the S&P GSCI Commodity Index, the DJ-AIG Commodity
Index and the Rogers International Commodity Index.
While there are various established indices in the market,
Merrill Lynch believed that a new index methodology was needed
to keep up with the current state of the commodity markets.
| Merrill
Lynch Commodity index eXtra – Daily File |
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| Historical
Index Values |
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MLCX Broad based, Sector and Single Commodity Indices. Click here |
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Research |
Download the printable brochure version of Selecting a commodity index. View PDF  |
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