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Seeking Alpha introduced the new United States Copper Index Fund or CPER.
Seeking Alpha introduced the new United States Copper Index Fund or CPER.
As quoted in the market news:
The new United States Copper Index Fund (CPER) will be linked to the SummerHaven Copper Index Total Return, a single-commodity index consisting of copper futures contracts traded on the COMEX exchange.
CPER is structured as a publicly-traded limited partnership, while the existing copper products are exchange-traded notes. Those structural differences can potentially impact the risk/return profiles experienced in a number of different ways.