John DeGoey PowerShare DB Agriculture E.T.F. DBA-N BUY Sep 02, 2014

Only trouble with this is that it is a basket of Futures so you have the risk and volatility of futures and all the things that are inherently characteristic of futures. Thinks this would be more for a short-term trading strategy of several weeks to a few months.

Are futures ETF’s suitable for RRSP holding? This one is not like an agricultural ETF that has a seed companies, etc. but this is straight futures. Anything this speculative doesn’t really belong in an RRSP. You are truly speculating with this one. Because of the resets on these futures based ETF’s, they don’t quite carry out what you think is going to happen. Very expensive from the point of MER, and the tracking error is extremely high. If you want to be in a futures market, do it directly, not through an ETF.

A volatile chart given its volatile holdings of cocoa, sugar, soy beans, etc. and a big position in short-term US treasuries. Agriculture is seasonally strong now. Long-term, the human population keeps growing, which is a tailwind and shift to healthier diets and ESG investing. Buy this, then sell as a trade.