VanEck Commodity Strategy ETF (PIT) Stock Price, Quote, News & History | Benzinga

The Fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing, under normal circumstances, in exchange-traded commodity futures contracts, exchange-traded and over-the-counter (OTC) commodity-linked instruments, and pooled investment vehicles, including exchange-traded products (ETPs) that provide exposure to commodities (Commodity Instruments) and Cash and Fixed Income Investments (as defined below). The Fund does not invest in commodities directly. Commodities are assets that have tangible properties, such as oil, metals and agricultural products. The value of Commodity Instruments may be affected by overall market movements and other factors affecting the value of a particular industry or commodity, such as weather, disease, embargoes or political and regulatory developments. The Fund will seek to provide exposure to commodities from the following five sectors: energy, precious metals, industrial metals, agriculture and livestock.