date:Jan 23, 2013
Sugar and soymeal appear to have been treated far worse by the index fund rebalancing than investors had expected- and Chicago grains far better.
Funds which track the SP GSCI and DJ UBS agricultural commodities indices once a year, in early Janauary, rejig their portfolios to return weightings back to those of the index they follow.
This means selling top performers of the previous year, whose weighting will have increased beyond mandated levels, and buying laggards, which will have been left