Keep an eye out for more of Barclays’ exchange traded notes (ETNs).  They recently filed to launch ETNs linked to the commodities markets, reports Matt Hougan on Seeking Alpha.  Each of the ETNs will be based on the Dow Jones-AIG commodity indexes, which track collateralized rolling futures position, incorporating the roll yield and collateral interest from the futures.

These ETNs will go up against the PowerShares commodity ETFs, which include PowerShares DB Agricultural (DBA); PowerShares DB Energy (DBE); PowerShares DB Base Metals (DBB); PowerShares DB Oil (DBO); PowerShares DB Commodity Index (DBC); PowerShares DB Precious Metals (DBP).

The new ETNs in registration are:

  • DJ-AIG Agriculture
  • DJ-AIG Energy
  • DJ-AIG Ex-Energy
  • DJ-AIG Grains
  • DJ-AIG Industrial Metals
  • DJ-AIG Livestock
  • DJ-AIG Petroleum
  • DJ-AIG Precious Metals
  • DJ-AIG Softs

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.