Showing posts with label Rogers International Commodity Index. Show all posts
Showing posts with label Rogers International Commodity Index. Show all posts

Thursday, November 8, 2012

Adjustments Announced for Rogers International Commodity Index (RICI)


In a press released Wednesday, November 7, Jim Rogers and Beeland Interests, Inc. announced it was making a couple of adjustments to the Rogers International Commodity Index (RICI).

The press released said this:

The RICI Committee has decided to replace ICE Coffee (2.0% Index Weight) with NYSE Liffe Coffee. In addition, ICE Cocoa (1.0% Index Weight) will be replaced by NYSE Liffe Cocoa. The addition of NYSE Liffe Cocoa, traded in GBP, will add that currency to the Index. These changes will be implemented during the January 2013 roll period, occurring at the end of January 2013.

According to the press release, RICI, which was created in 1997-1998, has jumped by 266 percent since in inception of the Index, and as of the end of October 2012.

Rogers is one of the foremost and most well-known commodity investors in the world.

Wednesday, December 9, 2009

Jim Rogers: Commodities Great Investment No Matter How Economy Goes

Commodity investor Jim Rogers says it doesn't matter whether the global economy is good or bad, commodities will do great for some time because historically when governments print money, commodity prices go up.

If and when the global economy does improve, than the growing middle classes in Asia, especially China, will generate huge demand for a large number of products, many of which will be commodities directly, or at minimum, commodities indirectly, through products which are manufactured using specific commodities as components of the process.

And as mentioned, if the economy doesn't improve for some time ahead, commodities are a great place to be based on investors looking to raw materials and some precious metals to protect against inflation and dropping value in the U.S. dollar. Printing money will continue to pressure the U.S. dollar downward in value, so that should be a big part of the picture with commodities in the years ahead.

Rogers pays little attention to the inevitable swing in prices of commodities, as that's part of investing in the sector. What he's looking for now is commodities that have been depressed like agriculture, silver, natural gas and palladium.

While he remains bullish on gold, he's not going to buy any at this time, while he will continue to hold what he does own as well.

Rogers says we're in a cyclical bull market, and he has learned the hard way not to short commodities during those times.

The Rogers Commodity Index, which Rogers set up, has outperformed its more well know competitor the Reuters-Jefferies CRB commodities index in 2009, as it's up by close to 30 percent this year, while Reuters-Jefferies is only up by 17 percent.

Friday, November 7, 2008

Sentry Select Rogers International Commodity Index Principal-Protected Notes Announce Anniversary Pa

Sentry Select Capital Corp. ("Sentry Select") is pleased to announce the anniversary payment for Sentry Select Rogers International Commodity Index Principal-Protected Notes, Series 1 (the "Notes"). The payment of $3.09 per Note will be made on November 7, 2008 to investors of record on October 31, 2008. The amount represents a yield of 3.09% based on the issue price of $100.00 per note on October 28, 2005.

The Notes

Sentry Select Rogers International Commodity Index Principal-Protected Notes, Series 1 are deposit notes, issued by National Bank of Canada. The performance of the Notes is linked to the appreciation of (i) a portfolio of commodities managed by Diapason Commodities Management SA with the objective to replicate the performance of the Rogers International Commodity IndexTM (RICI) and (ii) certain fixed-income and/or money-market instruments (the "Benchmark Portfolio").

Annual income

On each anniversary date of the issuance of the Notes, subject to certain conditions, investors may be entitled to receive an amount per Note equal to (i) the sum of, for each day of that year, the Canadian overnight financing rate of the Bank of Canada, less 0.50%, divided by 365, multiplied by a specified amount of cash or cash equivalent instruments held in the Benchmark Portfolio for that day, (ii) divided by the number of Notes outstanding. If the value of the Benchmark Portfolio becomes equal to or less than a specified level, no amount will be paid to the investors on any anniversary date of the Notes.

Sentry Select Capital Corp.

Sentry Select Capital Corp. is a Canadian wealth management company that manages approximately $5.5 billion in gross assets as of September 30, 2008. The company offers a diverse range of investment products including closed-end trusts, mutual funds, hedge funds, principal-protected notes and flow-through limited partnerships, covering a variety of domestic and global mandates.

The Notes are not sponsored, endorsed, sold or promoted by James Beeland Rogers, Jim Rogers or Beeland Interests Inc. (collectively "Beeland") or Diapason Commodities Management SA ("Diapason"). Beeland and Diapason make no representation or warranty, express or implied, to investors in the Notes or any potential investor, governmental authority, or any member of the public, regarding the advisability of investing in securities or commodities generally, or in the Notes or futures particularly. "Jim Rogers", "Rogers International Commodity Index", "RICI" are trademarks and service marks owned by Beeland.

Diapason Commodities Management SA is a limited partnership and commodity operator whose main mandate is to promote and distribute products designed around the Rogers International Commodity IndexTM. Diapason is owned by its management, who are experienced professionals in the fields of asset management, commodity markets, futures and options trading and it is managing in excess of 1.1 billion Euros in assets.

"Jim Rogers", "James Beeland Rogers", "Rogers", "Rogers International Commodity Index", and "RICI" are trademarks and service marks of Beeland Interests, Inc., which is owned and controlled by James Beeland Rogers, Jr., and are used subject to license. The name and likeness of Jim Rogers/James Beeland Rogers are trademarks and service marks of James Beeland Rogers, Jr.

"Sentry Select Rogers International Commodity Index Principal-Protected Notes are not and will not be offered or sold in the United States to or for the account of U.S. Persons as defined by U.S. securities laws. Each purchaser of the Notes will be asked to certify that such purchaser is not a U.S. Person, is not receiving the Notes in the United States, and is not acquiring the Notes for the benefit of a U.S. Person."

Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect", "intend", "will" and similar expressions to the extent they relate to Sentry Select Capital Corp. ("Sentry Select"). The forward-looking statements are not historical facts but reflect Sentry Select's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the ability of Sentry Select to pay the distribution on the date specified. Although Sentry Select believe that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. Sentry Select undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

Sentry Select Capital Corp.The Exchange Tower130 King Street WestSuite 2850, P.O. Box 104Toronto, Ontario M5X 1A4Telephone: (416) 861-8729Fax: (416) 364-5615