Bloomberg Announces 2017 Target Weights for BCOM

Friday, 21/10/2016 | 06:40 GMT by Finance Magnates Staff
  • The new target weights for for Bloomberg’s Commodity Index will be used to determine the Commodity Index Multipliers.
Bloomberg Announces 2017 Target Weights for BCOM
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Bloomberg, the global business financial information and news provider, has announced the 2017 target weights and composition for the Bloomberg Commodity Index (BCOM), a highly liquid and diversified benchmark for the global commodities market. No new commodities are to be added or removed as a result of the annual reconstitution.

New Target Weights

The new target weights will be used to determine the Commodity Index Multipliers (CIM) for 2017. The new CIM will be calculated on the fourth business day of 2017 and used to express the percentage weights in US dollar-denominated terms.

Target weights are determined in accordance with the rules described in Bloomberg’s index methodology. The index rules account for Liquidity and production data in a 2:1 ratio and are subject to certain requirements for diversification and minimum weightings as laid out by Bloomberg.

Target weights of all BCOM components for 2017, together their comparative weights in 2016, are listed in the table below:

BCOM 2017 Target Weights

Bloomberg: BCOM 2017 Target Weights

Bloomberg, the global business financial information and news provider, has announced the 2017 target weights and composition for the Bloomberg Commodity Index (BCOM), a highly liquid and diversified benchmark for the global commodities market. No new commodities are to be added or removed as a result of the annual reconstitution.

New Target Weights

The new target weights will be used to determine the Commodity Index Multipliers (CIM) for 2017. The new CIM will be calculated on the fourth business day of 2017 and used to express the percentage weights in US dollar-denominated terms.

Target weights are determined in accordance with the rules described in Bloomberg’s index methodology. The index rules account for Liquidity and production data in a 2:1 ratio and are subject to certain requirements for diversification and minimum weightings as laid out by Bloomberg.

Target weights of all BCOM components for 2017, together their comparative weights in 2016, are listed in the table below:

BCOM 2017 Target Weights

Bloomberg: BCOM 2017 Target Weights

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