The assets of the Company are managed by PAM to replicate, as closely as possible, the positions represented by the Rogers International Commodity Index® (the “Index”), or a specific sub-sector of the Index (each, a “Sub-Index”). The Index is a composite, U.S. dollar-based, total return index created by James Beeland Rogers, Jr. (“Mr. Rogers”) in July 1998. The Index was designed to meet the need for consistent investing in a broad based international vehicle; it represents the value of a basket of commodities consumed in the global economy including agricultural, energy and metal products. The Index is tracked via futures contracts on 37 different exchange-traded physical commodities, quoted in four currencies, listed on nine exchanges in six countries and weighted based on an assessment of each commodity’s relative importance to international commerce. The specific components and weighting of the Index are determined by Mr. Rogers and a committee consisting of representatives of a number of providers and/or distributors of investment products linked to the Index (the “RICI® Committee”), although Mr. Rogers is the final arbiter with respect to any changes of the Index’s components or their weightings. Each Sub-Index consists of between six and twenty-two commodity futures contracts, weighted within such Sub-Index as is reflected by the weighting of each such component within the Index as a whole. For example, if corn represents 4.75% of the Index and agricultural commodities together represent 34.9% of the Index, corn will represent 13.61% of the agricultural Sub-Index. The assets of the Company generally consist of cash, cash equivalents with maturities of three months or less at date of acquisition, U.S. government-sponsored enterprise securities or securities issued by federal agencies (or, to a limited extent, foreign government securities in connection with trading on non-U.S. exchanges), other investments authorized by the Commodity Futures Trading Commission (“CFTC”), shares of money market mutual funds, certain other money market instruments (e.g., bankers acceptances and Eurodollar or other time deposits) and, to replicate the Index or Sub-Index, as appropriate, futures contracts listed and actively traded on domestic and foreign regulated futures exchanges. The assets could also include over-the-counter forward contracts and swaps in lieu of corresponding futures contracts if PAM, in its sole discretion, decides that such substitution is in the best interests of the Company. The Company may also trade currency forward contracts in connection with hedging the Company’s currency exchange rate risk related to the Company’s non-U.S. dollar denominated futures positions. PAM has authority over the Company’s assets to trade in the futures, forward and swap markets. ADM Investor Services, Inc. (“ADM”) and RBC Capital Markets, LLC (“RBC”) currently serve as the clearing brokers of the Company and Price Futures Group Inc. (“Price”), an introducing broker registered with the CFTC, serves as introducing broker.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry
Industry (SIC)
Former names
RICI Linked - PAM Advisors Fund, LLC, RICI Linked - PAM Total Index Series, A Series of RICI Linked - PAM Advisors Fund, LLC
SEC CIK
Corporate docs
IRS number
383743129
AUM ?
$17.96 mm
Address
RICI Linked - PAM Advisors Fund
141 WEST JACKSON BLVD., SUITE 1340A
CHICAGO
IL 60604
141 WEST JACKSON BLVD., SUITE 1340A
CHICAGO
IL 60604
Phone
312-261-4430
Ownership
Fund structure | AUM | Fund type |
---|---|---|
Price Asset Management, LLC | $47.49 mm | |
Pam Global Diversified Fund, LLC | $2.97 mm | Hedge Fund |
PCS Real Return Institutional Fund, LLC | $17.96 mm | Hedge Fund |
Latest filings (excl ownership)
D
Indefinite amount in investment fund, sold $570.25 mm, 2320 investors
24 Jan 24
D
Indefinite amount in investment fund, sold $570.25 mm, 2320 investors
24 Jan 23
D/A
Indefinite amount in investment fund, sold $570.25M, 2320 investors
31 Jan 22
D/A
Indefinite amount in investment fund, sold $570.15M, 2319 investors
29 Jan 21
D/A
Indefinite amount in investment fund, sold $570.15M, 2319 investors
30 Jan 20
D/A
Indefinite amount in investment fund, sold $570.15M, 2319 investors
31 Jan 19
D/A
Indefinite amount in investment fund, sold $570.1M, 2319 investors
30 Jan 18
D/A
Indefinite amount in investment fund, sold $570.1M, 2319 investors
30 Jan 17
D/A
Indefinite amount in investment fund, sold $569.97M, 2318 investors
28 Jan 16
15-12G
Securities registration termination
5 Aug 15
Latest ownership filings
No filings