NEW YORK, Aug. 13, 2008 (PRIME NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, announced the new target weightings for the Dow Jones-AIG Commodity Index(sm) that will become effective in early January 2009. The new target weights for the commodity components, which were determined and approved by the Dow Jones-AIG Commodity Index Supervisory Committee in August 2008 following consultation with the Dow Jones-AIG Commodity Index Advisory Committee, are listed below.
Natural Gas 11.8900640% Crude Oil 13.7526330% Unleaded Gas 3.7091280% Heating Oil 3.6481740% Live Cattle 4.2853450% Lean Hogs 2.3988780% Wheat 4.7962120% Corn 5.7214090% Soybeans 7.5994330% Soybean Oil 2.8828690% Aluminum 6.9991660% Copper 7.3065410% Zinc 3.1424310% Nickel 2.8827230% Gold 7.8627470% Silver 2.8913020% Sugar 2.9931550% Cotton 2.2651500% Coffee 2.9726400%
These weights will be used to determine the Dow Jones-AIG Commodity Index Multipliers for 2009 in January 2009. These multipliers, computed once a year, are factors used to express the percentage weights in U.S. dollar-denominated terms when calculating the Index.
Launched in 1998, the Dow Jones-AIG Commodity index family includes nine sector sub-indexes, multiple forward month indexes, indexes for each individual commodity in the original DJ-AIGCI, Euro-, Yen-, Sterling-, and Swiss Franc-denominated versions of the Dow Jones-AIG Commodity Index, and the Dow Jones-AIG Commodity Spot Index. Also available are total return versions of each of the excess return indexes and sub-indexes. As of the end of the second quarter of 2008, an estimated $55 billion tracked the DJ-AIGCI group of indexes.
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