RJA

Elements Rogers International Commodity Index-Agriculture TR ETN
*Unless otherwise stated, data provided by FactSet.

RJA Fund Description

RJA tracks a consumption-based index of agricultural commodities chosen by the RICI committee. It gains exposure using front-month futures contracts.

RJA Factset Analytics Insight

RJA represents the value of a basket of 21 agricultural futures contracts for commodities consumed in the global economy. The note’s index gets its exposure via front-month futures contracts, where expiring contracts are rolled into the next-nearest month. Individual components in the index are selected on the basis of volume and liquidity data as monitored and considered by the RICI committee. RJA is a consumption-weighted portfolio that cuts its benchmark's weights to corn and soybeans, and expands its coverage to include agricultural feedstock and livestock. With this, and its pumped-up exposure to cotton, sets RJA apart from its benchmark. Structured as an ETN, RJA avoids K-1 distributions, but carries the counterparty risk of its issuer.

PERFORMANCE [as of 09/21/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
RJA -0.91% 2.28% 16.11% 39.93% 10.21% 3.90% -2.41%
RJA (NAV) -0.91% 2.41% 18.42% 40.11% 10.19% 3.96% -2.49%
S&P GSCI Agriculture -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

RJA Summary Data

ELEMENTS
10/17/07
Exchange-Traded Note
0.75%
$121.51M
$693.96K
0.24%

RJA Portfolio Data

Futures
Front Month
Monthly
--

RJA Index Data

Proprietary
Committee
S&P GSCI Agriculture

RJA Portfolio Management

0.75%
--
--
--

RJA Tax Exposures

20.00% / 39.60%
--
No

RJA Fund Structure

Exchange-Traded Note
No
N/A
Swedish Export Credit Corp - SEK
Low
Medium
None

RJA Factset Analytics Block Liquidity

As of 09/22/21
5
4
3
2
1

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

RJA Tradability

89,157
$693.96K
68,550
$526.67K
0.24%
$0.02
0.14%
1.86% / -0.85%
None
100.00%
500,000
0.14
0.05%
--
2,393
$7.65
5

RJA Sector Breakdown


RJA
Segment Benchmark
93.73%
100.00%
6.27%
0.00%

RJA Tenor Strategy

RJA invests solely in front-month futures contracts. This means that the fund will be particularly sensitive to changes in spot prices, but may be priced higher or lower than spot, sometimes dramatically.

RJA Rolling Strategy

RJA rolls its underlying contracts over a 15 day period during the month preceeding a given contract's expiration.

RJA Performance Statistics

--
--
0.73
0.70
0.00%