CPER

United States Copper Index Fund
*Unless otherwise stated, data provided by FactSet.

CPER Fund Description

CPER tracks a rules-based index of copper futures contracts selected based on the shape of the copper futures curve.

CPER Factset Analytics Insight

CPER is a commodity pool tracking copper futures contracts on COMEX. The fund uses a complex optimization process to select two or three contracts each month in an attempt to mitigate the effects of contango. Contracts are selected using quant analysis on prices of eligible copper futures, developed by Summer Haven Index Management. Because of the fund’s commodity pool structure, investors will pay a blended tax rate on capital gains regardless of how long they’ve held it, and will receive a K-1 at tax time.

PERFORMANCE [as of 06/10/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CPER -4.53% 12.39% 28.15% 70.02% 10.01% 15.63% --
CPER (NAV) -4.77% 11.19% 27.18% 66.00% 9.68% 15.47% --
SummerHaven Copper Index Total Return -4.70% 11.62% 27.68% 66.52% 10.26% 16.56% --
S&P GSCI Copper Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CPER Summary Data

11/15/11
Commodities Pool
0.80%
$344.58M
$11.69M
0.11%
JJC

CPER Portfolio Data

Futures
Optimized
Monthly
--

CPER Index Data

Single Asset
Single Asset
S&P GSCI Copper Index

CPER Portfolio Management

0.80%
-0.29%
0.42%
-0.96%

CPER Tax Exposures

27.84% / 27.84%
--
Yes

CPER Fund Structure

Commodities Pool
No
N/A
N/A
N/A
Low
Daily

CPER Factset Analytics Block Liquidity

As of 06/11/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of CPER. CPER is rated a 5 out of 5.

CPER Tradability

417,686
$11.69M
302,736
$8.01M
0.11%
$0.03
0.12%
1.37% / -1.70%
None
100.00%
50,000
6.05
0.04%
--
23,699
$27.63
5

CPER Sector Breakdown


CPER
Segment Benchmark
100.00%
100.00%

CPER Top 10 Targeted Commodity Weights

51.29%
25.46%
23.25%
100.00%

CPER Tenor Strategy

CPER is rebalanced monthly, using a rules-based process to select 2-3 copper contracts based on market signals

CPER Rolling Strategy

CPER rolls contracts over a 4 day period each month.

CPER Performance Statistics

--
--
0.94
1.02
0.00%