CI Global Asset Management Files Preliminary Prospectus in Partnership with Auspice for the CI Auspice Broad Commodity ETF

Auspice is proud to share that we have partnered with CI to launch the CI Auspice Broad Commodity ETF (Ticker "CCOM") with a September 27th targeted launch. See the press release here for more.

Auspice Broad Commodity is currently available via the NYSE listed Direxion Auspice Broad Commodity ("COM") ETF and has been a top performer in its category. Notably, the underlying Auspice Broad Commodity Index (ER) has outperformed benchmarks GSCI ER and BCOM by 4.0% and 3.3% annualized with roughly half the volatility and drawdown since 2010 inception. We are proud to partner with CI in bringing this top performing commodity strategy to Canadian Investors. We are also more constructive on the commodity outlook than ever, with the recent pullback potentially offering an attractive entry point for investors. See this month's blog for more.

Canadian Energy Centre - Canada’s ‘huge opportunity’ as Europe, South Korea to label natural gas green. LNG from Canada can help the world move faster to reduce emissions.

“Canadian energy companies have demonstrated leadership in developing greener energy infrastructure.”

“LNG is not a 100 percent solution to our climate problem, but it gets us significantly closer to our goals and should be prioritized versus relying on foreign countries with higher emissions and poor track records.” - Tim Pickering, Auspice Capital President and CIO.

Are futures the way forward for ESG-minded commodity investors?

“People have this idea that commodities and ESG are just diametrically opposed, and we get some of that. We've always said producing commodities, particularly in the mining and extraction business, is inherently an invasive process,” Auspice Capital President and CIO Tim Pickering, told Wealth Professional. “But the question is, how do you go about gaining that commodity exposure as an investor?”

AUSPICE DIVERSIFIED WINS BEST MANAGED FUTURES (CTA) UNDER $1BN.

The HFM US Performance Awards 2021 took place on the evening of November 4 at the stunning Gotham Hall, New York, bringing together the US hedge fund industry to connect. The awards celebrated hedge fund, CTA and fund of hedge fund performance, encompassing the whole breadth of hedge fund strategy, from credit and equity to macro and managed futures.

We are proud to share that Auspice Diversified was selected as winner of the managed futures (CTA) under $1bn category.

Managed futures’ roots aids Auspice’s commodity ETF

The Direxion Auspice Broad Commodity Strategy ETF, COM, is one of the only commodity ETFs to have a five-star Morningstar rating and has outperformed all other broad commodity ETFs with significantly less volatility and drawdown.

“Borrowing the trend-following approach from our CTA/managed futures background, the strategy has produced far better risk-adjusted results alongside superior long-term absolute returns by exiting markets that are weak yet participating in commodity upside based on the merits of an individual commodity market — not a broad shotgun approach. Commodity markets are simply too unique for that approach to outperform long-term.”

Commodities hedge funds back in vogue after years of outflows

Auspice Founder Tim Pickering was picked up by Reuters alongside Pierre Andurand, Odey Asset Management and other industry legends.

“Auspice, with a 70% allocation to commodities, more than doubled its assets in a year, from around C$200 million ($165 million) to C$500 million. Tim Pickering, the fund's chief investment officer, said commodities will remain a popular bet as investors seek insurance against inflation.”

Auspice Capital soars on the commodities rally

Canadian commodities shop Auspice Capital is riding the recovery in commodities to new highs. Auspice is now up 15% across its trading programs year to date through the end of April, according to a performance update for investors reviewed by Opalesque.

Auspice's positive performance builds on the momentum that started last year. The fund ended 2020 up 18.46%..

ETF of the Week: Direxion Auspice Broad Commodity Strategy ETF (COM)

ETF Trends CEO Tom Lydon discussed the Direxion Auspice Broad Commodity Strategy ETF (COM) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.

“Commodities may provide a valuable diversifying component to any long-term investment portfolio. Why commodities? Inflation protection. Commodities represent a significant portion of the CPI’s volatility, resulting in a positive and often outsized response to inflation.”