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The Bloomberg Commodity Index (BCOM) 2024 rebalance
The Bloomberg Commodity Index (BCOM) is an index that reflects a basket of commodity futures price movements. The index wants to fairly represent the importance of a diversified group of commodities to the world economy. To achieve this fair representation, BCOM uses both liquidity data and US Dollar-weighted production data to determine the relative weights of the included commodities. The target weights account for liquidity and production data in a 2:1 ratio and are subject to further diversification requirements1. Every January BCOM sets new target weights, according to their methodology. The weights are ... (full story)