Most junior miners follow a familiar script. Find a deposit, drill it for years, publish a study with a headline-grabbing net present value, then discover nobody will fund the £300 million construction bill.
The industrial metals trade has quietly become the most interesting corner of the commodity market, and the choice between iShares Silver Trust (NYSEARCA:SLV), United States Copper Index Fund (NYSEARCA:CPER), and SPDR S&P Metals & Mining ETF (NYSEARCA:XME) carries real performance consequences.
The spike in copper prices to a record high earlier this year has added weight to arguments for switching from copper to cheaper and lighter aluminium in a range of sectors.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1,465 | $43,950 | $56,395.17 | $12,445.17 | 28.32% |
Kyle P. Smith NewEdge Wealth LLC | 6,135 | $211,228.05 | $235,246.57 | $24,018.52 | 11.37% |
Larry Herold Herold Advisors Inc. | 10,800 | $270,540 | $414,342 | $143,802 | 53.15% |
Bobby Adusumilli SJS Investment Consulting Inc. | 227 | $6,435.45 | $8,773.55 | $2,338.1 | 36.33% |
Leonid Berline ARMSTRONG ADVISORY GROUP Inc. | 1,161 | $34,830 | $44,251.51 | $9,421.51 | 27.05% |
| ARCA Exchange | US Country |
The fund is a specialized investment entity that focuses on achieving its investment objectives through strategic investments in copper futures contracts. Specifically, its goal is to mirror the performance of the Benchmark Component Copper Futures Contracts. These contracts are traded on the Commodity Exchange, Inc. (COMEX), which is a primary marketplace for trading commodities including metals. The fund's strategy involves constructing a portfolio that reflects the investment returns of copper futures, providing investors with exposure to the price movements of copper in the global commodities market.
This product is the core of the fund's investment strategy, involving futures contracts that are based on the price of copper. By investing in these contracts, the fund aims to replicate the performance and return profile of copper as a commodity, leveraging the fluctuations in copper prices for investment gains.
The SCI Portfolio is designed to capture the investment returns from a carefully selected portfolio of copper futures contracts traded on COMEX. This service aims to provide investors with a diversified exposure to copper as an investment asset, optimizing returns through strategic selection and management of futures contracts.