Global Proprietary Commodity Fund execute trades in the commodities market . A commodity market is a market that trades in primary economic sector rather than manufactured products.
A commodity is a basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often used as inputs in the production of other goods or services. The quality of a given commodity may differ slightly, but it is essentially uniform across producers.
Commodities are hard assets ranging from wheat to gold to oil. Since there are so many, they are grouped into three major categories: agriculture, energy, and metals. Agricultural commodities include: Things you drink, such as sugar, cocoa, coffee, and orange juice.
Soft commodities are goods that are grown, such as wheat, or rice. Hard commodities are mined. Examples include gold, helium, and oil. Energy commodities include electricity, gas, coal and oil.