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In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
SYS-CON.TV
Rogers International Commodity Index (RICI®) Committee Adjusts Index Components

MIAMI, Nov. 8, 2012 /PRNewswire/ -- Jim Rogers and Beeland Interests, Inc. announced today the following adjustments to the Rogers International Commodity Index® (RICI®).

The RICI Committee has decided to replace ICE Coffee (2.0% Index Weight) with NYSE Liffe Coffee.  In addition, ICE Cocoa (1.0% Index Weight) will be replaced by NYSE Liffe Cocoa.  The addition of NYSE Liffe Cocoa, traded in GBP, will add that currency to the Index.  These changes will be implemented during the January 2013 roll period, occurring at the end of January 2013.

The RICI represents the value of a compendium (or "basket") of globally traded commodities (37 commodity futures contracts) employed in the global economy, ranging from agricultural and energy products to metals and minerals.  The RICI and its various sub-indexes are used by many investment banks and investors throughout the world.  As of the end of October 2012, the RICI had increased by over 266% since inception.

Jim Rogers, an advocate of commodities-based investing, created the RICI in 1997 and 1998 and is the CEO of Beeland Interests, Inc., the owner of the Index.  The RICI Committee, currently chaired by Jim Rogers, determines the Index components and weights.  Jim Rogers also is the author of Investment Biker, Adventure Capitalist, Hot Commodities, A Bull In China, A Gift to My Children and Street Smarts – Adventures on the Road and in the Markets.

"Jim Rogers", "James Beeland Rogers, Jr.", and "Rogers" are trademarks and service marks of, and "Rogers International Commodity Index" and "RICI" are registered trademarks and service marks of, Beeland Interests, Inc., which is owned and controlled by James Beeland Rogers, Jr., and are used subject to license.  The personal names and likeness of Jim Rogers/James Beeland Rogers, Jr. are owned and licensed by James Beeland Rogers, Jr.

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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