Rogers International Commodity Index® Methodology
The Rogers International Commodity Indexes are maintained by their owner, Beeland Interests, Inc., who is advised by members of the Rogers International Commodity Index® Committee: a group of “wise people” just as are the people who determine the Dow Jones Averages and other major indexes.
For the sake of transparency, consistency, and stability, composition changes are infrequent. The
Committee members generally monitor the Indexes daily for circumstances that warrant consideration
of changes. The Committee meets formally in November or December of each year to assess
the Indexes and discuss changes. Mr. James B. Rogers, Jr., as the founder of the RICI® and sole
owner of Beeland Interests, chairs the RICI® Committee and is the final arbiter of its decisions.
The Committee of wise people bases its discussion on world consumption patterns and liquidity.
Other indexes show regular dramatic changes in weights and compositions meaning investors never
know in what they are investing. This is not the case with the Rogers International Commodity Index®, which is stable, consistent and transparent. An investor in the Rogers Indexes always knows
what he or she is getting, unlike others.1
1 See, e.g., the statement of methodology for the Dow Jones Industrial, Transportation and Utilities Averages: “The Dow Jones Industrial,
Transportation and Utilities Averages are maintained and reviewed by editors of The Wall Street Journal. For the sake of continuity,
composition changes are rare, and generally occur only after corporate acquisitions or other dramatic shifts in a component’s
core business. When such an event necessitates that one component be replaced, the entire index is reviewed. As a result, multiple
component changes are often implemented simultaneously. While there are no rules for component selection, a stock typically is
added only if it has an excellent reputation, demonstrates sustained growth, is of interest to a large number of investors and accurately
represents the sector(s) covered by the average.” (Source: http://www.djaverages.com/?view=about&page=overview).