Strong infrastructure and construction spending in emerging markets are expected to support demand for commodities in the medium term. In addition, further demand for commodities will be driven by an eventual cyclical upturn in developed markets.
While the majority of the underlying index's components produce commodity products, many of the large-cap, multinational firms have had some success moving up the value chain into more specialized, higher margin products. About 47% of this index is devoted to companies with durable competitive advantages. Read more