Why Canada's first multi-commodity ETF is 'far, far overdue'

CI Global Asset Management is expanding the range of choice for Canadian investors once more with the introduction of three new ETFs. Among those is the CI Auspice Broad Commodity ETF (CCOM), Canada’s very first multi-commodity ETF launched in partnership with Auspice Capital.

For Tim Pickering, the founder and CIO of Auspice Capital, it’s been a long time coming. “The demand for commodity-based products on a global basis has been significant for a long time, especially in the last few years since COVID hit and inflation became a very relevant issue,” Pickering told Wealth Professional in an interview. “We think it's far, far overdue that a broad commodity product like this, especially one with a long successful track record, exists for Canadian investors in Canada.”