Rogers International Commodity Index (RICI®) Committee Adjusts Index Components

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Rogers International Commodity Index (RICI®) Committee Adjusts Index Components PR Newswire MIAMI, Nov. 8, 2012 MIAMI, Nov. 8, 2012 /PRNewswire/ -- Jim Rogers and Beeland Interests, Inc.

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• Publié par: beeland-interests-inc
• Nombre de lectures: 13
• Langue: English

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Rogers International Commodity Index (RICI®) Committee Adjusts Index Components

PR Newswire MIAMI, Nov. 8, 2012

MIAMI,Nov. 8, 2012Jim Rogers and Beeland Interests, Inc. announced today the following/PRNewswire/ -- 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 N YSE Liffe Cocoa. The addition of NYSE Liffe Cocoa, traded in GBP, will add that currency to the Index. These changes will be implemented during theJanuary 2013roll period, occurring at the end ofJanuary 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 m any investment banks and investors throughout the w orld. As of the end ofOctober 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 C EO 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 ofInvestment 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.