Skip to Content
scroll

Invesco DBA Agricultural Fund (DBA US)

$US19.00
image description
What does Bull and Bear mean?

Market Matters View Point?

bear
Market Matters
bull
MM is bullish the DBA ETF below $US20

OPINION

Invesco DB Agricultural ETF (DBA US) $US19

One vehicle to gain exposure to the broad global picture is the US based Invesco DB Agricultural ETF (DBA US) which by definition is denominated in $US. Another alternative is the local FOOD ETF which is hedged against FX moves and holds global agricultural stocks but not Australian ones.

Read more

As food prices rise will Chemical companies follow?

The price of commodities which makes up much of our foodstuffs have rallied strongly over the last year e.g. Wheat +17% and Corn +14%. In our opinion this is the start of rising inflation following mass economic stimulus but there’s no hurry to force this view on markets, although the increase is slowly paying dividends for our Agriculture Fund ETF (DBA US) held...

Read more

Invesco DB Agricultural ETF (DBA US) $US19.12

MM is long the DBA ETF in our Global Macro Portfolio, an ETF which tracks 11 of the most prominent agricultural commodities which by definition has strong correlation to underlying food prices. Hence the macro backdrop towards food stuffs and by definition inflation is bullish into 2022, this dovetails nicely with our core reflation view moving into 2022 and beyond.

Read more

Invesco DB Agricultural Fund (DBA US) $US16.49

The DB agricultural fund tracks a basket of related commodities like Corn, Soybeans, Sugar, Live Cattle, Wheat and the like and is starting to gain some traction after a tough few years. This position fits nicely into our reflation outlook and we expect to take the position from 6% to 10%.

Read more

ACTION

DBA US
UPDATED 30/09/2021 09:51
MM is bullish the DBA ETF below $US20
Add To Hit List
DBA US
UPDATED 10/08/2021 17:00
MM is bullish agricultural commodity prices
Add To Hit List
DBA US
UPDATED 30/07/2021 16:37
MM remains bullish and long the DBA ETF
Add To Hit List
DBA US
UPDATED 29/04/2021 12:03
MM is adding to DBA US in the Global Macro ETF Portfolio with an additional 4% weighting around $US18.37
Add To Hit List
DBA US
UPDATED 01/02/2021 12:03
MM is looking to add to our existing position in DBA
Add To Hit List
image description

ETF tracking diversified agriculture index

Invesco DB Agriculture Fund is an exchange-traded fund incorporated in the USA. The Fund tracks the DBIQ Diversified Agriculture Index which is a rules-based index composed of 11 futures contracts on some of the most liquid and widely traded agricultural commodities. The Fund uses an optimized roll-yield methodology when choosing each contract.

For more information – Click here to go to the ETF information page

chart
image description
Invesco DB Agricultural ETF (DBA US)
chart
image description
Invesco DB Agriculture Fund (DBA US)
chart
image description
Invesco DB Agricultural ETF (DBA US)
chart
image description
Invesco DB Agricultural Fund (DBA US)
chart
image description
Invesco DBA Agricultural Fund (DBA US)
Back to top