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Basic Question 8 of 8

True or False? A commodity index return is based on changes in the prices of the underlying commodities only.

User Contributed Comments 2

User Comment
xemex131 doesnt 'prices of underlying commodity' in itself means the price of the commodity futures
zriddle I believe that the 'prices of the underlying commodity' is referring to the spot price.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

describe types of equity indexes

describe types of fixed-income indexes

describe indexes representing alternative investments

CFA® 2024 Level I Curriculum, Volume 3, Module 2.