We have received some inquiries related to this post on the subject of TRAKRs.

Brad Zigler in the Journal of Indexes (or should it be Indices?) has a useful article that seeks to explain the world of TRAKRs. From the beginning of the article:

What? You Don’t Know What TRAKRs Are?

Well, TRAKRs are futures contracts. Not like the futures contract of yore, mind you; these are radically different. Your first clue to their distinction is their somewhat tortured acronym: Total Return Asset ContRacts.

Developed by Merrill Lynch and traded on the Chicago Mercantile Exchange’s electronic Globex platform, TRAKRs offer retail investors the cost-effective equity, currency and commodity exposure for which traditional futures are famed, absent the onus of leveraged loss. One TRAKR, as well, is a hedge fund proxy, an exposure that just can’t be found in traditional futures products.

You can also visit the CME site for more information.

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Please see disclosures here.

Please see the Terms & Conditions page for a full disclaimer.