Bloomberg has announced the new composition, target weights and individual tenor weights for the UBS Bloomberg Constant Maturity Index (CMCI).
London and U.S. Cocoa will enter the index in 2017 for a combined weight of 1.68%. Weight of the Precious Metals and the Agriculture sectors increased, while the Energy, Industrial Metals, and Livestock sector weights decreased. The new weights will become effective on July 27, 2017.
Target weights for all 2017 CMCI components along with their individual tenor weights are provided in the table below: