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How the Fund Works
-- One-third is in short-term notes whose returns are linked to the Goldman Sachs Commodities Index. The notes have a leverage factor of three: A 1% rise in the price of the index prompts a 3% rise in the value of the note.
-- Two-thirds is in short-term U.S. government securities. They provide a floor for the fund.
-- The fund can also use commodity futures and options as a temporary substitute for the notes.
DATA: BUSINESS WEEK
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Updated June 15, 1997 by bwwebmaster
Copyright 1997, by The McGraw-Hill Companies Inc. All rights reserved.
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