If the portfolio genuinely owns commodities, the fund units can represent proportionate ownership in those commodities. In that case, unit trading can be possible.
The important condition stated is that the portfolio should continue to own some commodities rather than becoming only cash and receivables.
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Commodity Funds: Real Trade, Not Paper Commodity Exposure
If the portfolio genuinely owns commodities, the fund units can represent proportionate ownership in those commodities. In that case, unit trading can be possible.
The important condition stated is that the portfolio should continue to own some commodities rather than becoming only cash and receivables.