49．An investor taking a long position in commodity futures while simultaneously investing in government securities has created a:

Select exactly 1 answers from the following:
A. commodity-linked bond.
B. commodity-linked equity.
C. managed commodity futures portfolio.
D. collateralized commodity futures position.
答案和详解如下！
Feedback: Correct answer: D

揂lternative Investments,?Ch. 8, International Investments, 5th edition, Bruno Solnik and Dennis McLeavey (Addison Wesley, 2004), pp. 429?33

2006 Modular Level I, Vol. IV, pp. 670-674

Study Session 17-75-x, y

discuss the motivation for investing in commodities, commodities derivatives, and commodity-linked securities;

discuss the sources of return on a collateralized commodity futures position

A collateralized commodity futures position is a viable risk-diversification strategy because commodities have a negative correlation with stock and bond returns and a positive correlation with inflation.

no idea

pk look

D