Auspice offers investors the purest exposure to the discounted price of Canadian oil through its Canadian Crude Oil Index ETF (CCX.TO). The fund tracks the company’s Canadian Crude Index, described as “a simple, transparent and liquid benchmark for oil produced in Canada.”
AUSPICE ANNOUNCES CLOSURE OF ETF
Tim Pickering in Benefits & Pension Monitor
Direxion Launches Quantitative, Rules-Based Commodity ETF
AUSPICE WINS BEST INVESTABLE CTA INDEX
Tim Pickering: Investing In The Unknown
2016 was a year of volatility inducing events, which caused many markets to move in surprising ways on the back of results that separated themselves from popular consensus or polling. Brexit, the US election, a new OPEC narrative, and the US Fed raising rates were all tough on trends, inducing whips and reversals. Despite this, equities rallied while broad commodities had their first positive year in many.
OPINION: Canada Should Find Refuge in Hedges Before the Next Bust
Press Release: Auspice Capital Advisors Launches GAS - the Only ETF Tied to Canadian Natural Gas Globally
USCF Announces Collaboration On Canadian Crude Oil ETF With Auspice
A call for Alberta to create an oil hedging strategy
Tim Pickering, CIO of Auspice Capital, has been lobbying for the provincial government of Alberta to hedge against the performance of oil. He says Alberta has neglected to take advantage of this investment strategy even after acknowledging in their own 2014-15 budget that they stood to lose $2.15-billion for every $10 decrease in WTI, which ultimately resulted in an estimated $13-billion decline in revenues since 2014 . He tells us what he plans to say to the government and why a hedging policy may be the best solution for the province and the industry.