MSR Industrials – Exposure, Dollar Weighted Index
The MSR Industrials Dollar Weighted Exposure Index shows the total return of being long one Dow Jones Industrials futures contract (the “current” contract, which is the most liquid) through time. This is “dollar weighted” because an investor can simply divide the number of dollars they want to invest by the current dollar value of the Dow Jones Industrials contract and own that number of contracts for perpetuity. The “cash equivalent” version of this index will closely track the total return of the Dow Jones Industrials cash market index including dividends (which are by definition reinvested into the Dow Jones Industrial automatically when you invest via futures).