Rogers International Commodity Index® (RICI®) is based on monthly closing prices of a fixed-weight portfolio of the nearby futures and forwards contract month of international commodity markets. The selection and weighting of the portfolio is reviewed annually and weights assigned in the December preceding the start of a new year. If a commodity is traded on more than one exchange, the most liquid, in terms of volume and open interest combined, is included in the RICI®. For example, silver is traded at the New York Commodity Exchange, the Chicago Board of Trade and the Mid-America Commodity Exchange. The largest volume and open interest is consistently transacted at the New York Commodity Exchange, consequently, this contract represents silver in the RICI® at the exclusion of the contracts at the Chicago Board of Trade and the Mid-America Commodity Exchange.
Rogers International Commodity Index® Articles & Information
An investment in commodities and/or managed futures carries a significant risk of substantial loss. The information provided should not be considered as investment advice or an offer of any security for sale. Past performance is no guarantee of future results.
