Commodity index compositions and weights for 2011

From a press release issued by BoA Merrill Lynch...

LONDON--(BUSINESS WIRE)--Bank of America Merrill Lynch today announced the composition and weights for the 2011 Merrill Lynch Commodity index eXtraSM (MLCX). The MLCX is designed to provide a liquid benchmark for commodity market performance, tracking liquid and cost efficient investments. The MLCX contains the following six market sectors originally chosen by BofA Merrill Lynch Global Commodities Research: Energy, Base Metals, Precious Metals, Grains & Oil Seeds, Livestock, and Soft Commodities & Others.

Bank of America Merrill Lynch constructed the MLCX based on the liquidity of the constituent futures contracts and the value of the global production of each underlying commodity. No commodities have been added or removed from the index for 2011. The market disruption logic of the index will be modified, effective January 3, 2011, to be more consistent with common benchmark practices. The commodity weights, which are determined by the Bank of America Merrill Lynch Commodities group following predefined rules from the MLCX Handbook, are based on global production value and are listed here.

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