Benzinga - by Johnny Rice, Benzinga Staff Writer.
What Happened?
The three metals are major exports for Russia and limiting their sale in the West will take a major toll on the country. Commenting on the move, U.S. Treasury Secretary Janet Yellen said, “Our new prohibitions on key metals, in coordination with our partners in the United Kingdom, will continue to target the revenue Russia can earn to continue its brutal war against Ukraine.”
The Markets
Opportunities For Investors
ETFs provide a simpler solution. Many issuers now offer funds that allow investors to access futures markets through their broker as if buying a stock.
Metals are cyclical in nature, with prices rising and falling as supply and demand waxes and wanes.
Teucrium offers the AiLA Long-Short Base Metals Strategy ETF (NYSE:OAIB) as a solution. The ETF invests in a selection of critical base metals and adopts a market-neutral strategy, meaning that regardless of the direction of the market, the fund seeks a positive return.
OAIB tracks the AiLA-S022, a sophisticated index with a proven track record. From 2017-2023, the AiLA-S022 saw an annualized return of 12.65%. AiLA uses a systematic approach to achieve this, utilizing proprietary machine-learning technology.
Featured photo by Dominik Vanyi on Unsplash.
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