Hogs, Coffee and Orange Juice to Feature in ‘Breakfast’ ETF
- Direxion files for fund focused on ‘breakfast’ commodities
- Supply-chain disruptions, weather have sent prices soaring
A worker roasts coffee beans at a facility in Caconde, Sao Paulo state, Brazil.
Photographer: Jonne Roriz/BloombergThis article is for subscribers only.
The first meal of the day may soon be served up to investors through an ETF.
The Direxion Breakfast Commodities Strategy exchange-traded fund will track an index focused on coffee, orange juice, wheat and lean-hog futures, according to a Wednesday filing with the Securities and Exchange Commission.