Jefferies Asset Management has introduced what it believes is the first commodities exchange-traded fund tied to an equities rather than a futures index, and it is planning other equities-based commodities ETFs in the near future.

The Jefferies TR/J CRB Global Commodity Equity Index Fund tracks the Thomson Reuters/Jefferies In-The-Ground CRB Global Commodity Equity Index. The index is comprised of the stocks of companies around the world involved in agriculture, industrial metals, energy and precious metals.

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