Index Commodity definition

Index Commodity means a Commodity included in the Index. The Commodities currently included in the Index are listed in Section 2.2 of the Methodology.
Index Commodity means any of the seven “Optimum Yield” Sub-Strategies on which the Index is based.
Index Commodity or “Index Commodities” shall have the meaning set forth in the Prospectus of each Fund.

Examples of Index Commodity in a sentence

  • LEGEND: Symbol Index Commodity Symbol Index Commodity C Corn KC Coffee S Soybeans CT Cotton W Xxxxx XX Live Cattle KCW Kansas Wheat FC Feeder Cattle SB Sugar LH Lean Hogs CC Cocoa Please refer to notes and legends that follow on page 27.

  • Each Single Commodity Index will have two futures contracts on each Index Commodity throughout roll periods and one futures contracts on all other days.

  • The Index rules stipulate the holding in each Index Commodity futures contract.

  • Holdings in each Index Commodity change during the Index rebalancing periods as determined by the optimum yield roll rules.

  • The market value of the commodity futures contracts of an Index Commodity is equal to the number of commodity futures contracts of an Index Commodity held multiplied by the commodity futures contracts closing price of an Index Commodity.

  • Each Index Commodity is assigned a weight (the “Index Base Weight”) which is intended to reflect the proportion of such Index Commodity relative to each Sector Index.

  • Each Index Commodity is represented in the Sector Index as an index with respect to that specific Index Commodity (“Single Commodity Index”).

  • The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Managed Futures Index Commodity Series.

  • Eligible Index Commodity futures contracts are any Index Commodity futures contracts having a Delivery Month (i) no sooner than the month after the Delivery Month of the Index Commodity futures contract currently in the Index, and (ii) no later than the 13th month after the Verification Date.

  • In calculating the Closing Levels, the Index Sponsor shall have regard to subsequent corrections to any Closing Price published by the relevant Exchange prior to the Index Valuation Time on the Valid Date for the relevant Index Commodity immediately following the Index Business Day to which the relevant Closing Level relates but not thereafter.


More Definitions of Index Commodity

Index Commodity means a Commodity included in the Index. The Commodities

Related to Index Commodity

  • Index Value means, in relation to any Reference Rate Business Day:

  • Index With respect to each Adjustable Rate Mortgage Loan and with respect to each related Adjustment Date, the index as specified in the related Mortgage Note.

  • Index Currency means USD.

  • Index Group means the NASDAQ Bank Index.

  • Index Price on a given date means the weighted average (weighted in accordance with the factors listed above) of the closing prices of the companies comprising the Index Group.