The Rogers Commodity Index (RCI) is a extensively diversified commodity index that tracks the efficiency of a broad vary of bodily commodities. It was created by the late Jim Rogers, a famend investor and creator, to offer traders with a handy and cost-effective solution to acquire publicity to the commodity markets. The RCI is calculated by taking the weighted common of the spot costs of a number of dozen bodily commodities, together with:
- Power: crude oil, pure fuel, heating oil
- Metals: gold, silver, copper, aluminum
- Agriculture: corn, soybeans, wheat, espresso
- Livestock: cattle, hogs
The RCI is a vital software for traders seeking to diversify their portfolios and acquire publicity to the commodity markets. Commodities can present a hedge towards inflation and will also be a supply of alpha technology. The RCI is a well-diversified index that gives traders with a single funding car to realize publicity to a broad vary of commodities.