February Auspice Broad Commodity Index Commentary

Auspice Broad Commodity Excess Return Index (ABCERI)

Market Review

The ABCERI gained 2.68% in February as commodities have come back to life. A combination of geo-political tensions, bitter cold, and drought concerns have been influential and persistent. Further, asset class rotation from Equity and Fixed Income also appears to be contributing to demand from a fundamental and asset management perspective.

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