Direxion Auspice Broad Commodity Strategy ETF company info

What does Direxion Auspice Broad Commodity Strategy ETF do?
Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) operates as an exchange-traded fund focusing on a broad range of commodities. It aims to provide investors with exposure to the commodities market through a diversified portfolio, including but not limited to, energy, metals, and agricultural products. The fund strives to track the performance of the Auspice Broad Commodity Index, employing a strategy that seeks to capture the upward trends in commodities while minimizing the impact of negative market movements. By doing so, Direxion Auspice Broad Commodity Strategy ETF intends to offer a hedge against inflation and a source of portfolio diversification for investors. The ETF's objective includes achieving long-term capital appreciation and managing risk through strategic allocations and rebalancing.
Direxion Auspice Broad Commodity Strategy ETF company media
Company Snapshot

Is Direxion Auspice Broad Commodity Strategy ETF a public or private company?

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Ownership
Public

How many people does Direxion Auspice Broad Commodity Strategy ETF employ?

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Employees
56

What sector is Direxion Auspice Broad Commodity Strategy ETF in?

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Sector
ETF

Where is the head office for Direxion Auspice Broad Commodity Strategy ETF?

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Head Office
New York, United States

What year was Direxion Auspice Broad Commodity Strategy ETF founded?

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Year Founded
2017
What does Direxion Auspice Broad Commodity Strategy ETF specialise in?
/Commodity ETF /Investment Management /Risk Management /Diversified Portfolio /Financial Services /Asset Allocation

What are the products and/or services of Direxion Auspice Broad Commodity Strategy ETF?

Overview of Direxion Auspice Broad Commodity Strategy ETF offerings
This entity specializes in providing broad exposure to commodity markets, focusing on diversification and risk management through futures contracts.
It aims to achieve long-term capital appreciation by adapting its investment strategy to current market conditions.
The ETF utilizes a systematic investment approach, integrating quantitative analysis to select and allocate commodities.
Enhances liquidity for investors by offering a tradable product on major stock exchanges, allowing for easy access to commodities.
Incorporates a managed futures strategy, seeking to profit from rising and falling markets across a global commodity portfolio.
Focuses on minimizing the impact of contango and backwardation through active management and strategic futures contract selection.