MM has held this DBA ETF since early 2020 when all eyes were focused on the pandemic, we continue to like this overseas ETF seeing another +50% upside over the coming years – this commodities ETF comprises of corn, soyabean, sugar, coffee, wheat etc. We wouldn’t be going “all in” at current levels after the recent strong gains but accumulating into weakness does look attractive in our opinion.
NB: We own the DBA ETF in our Global Macro ETF Portfolio.