Jim Rogers and the Macquarie Funds
Jim Rogers has teamed up with Australia’s Macquarie Funds group to promote two of Rogers’ favorite investment sectors: China and agriculture. The new commodity index fund named Macquarie and Rogers China Agriculture Index, operates differently than current competitive heavyweights that invest in agriculture commodities in Asia.
What is different is Rogers’ fund concentrates on current and future actual food consumption, while other funds track the food production side of the commodity sector.
Marcquarie and Rogers are starting to heavily promote the new commodity fund as their performance in December of about 11 percent gives them some history to base their future projections on.
While the grain and overall food markets fell in the latter part of 2008, Rogers still looks at agricultural goods as the one major commodity market that can be counted on to rise significantly over the next 5 to 10 years.
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