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S&P GSCI Nickel 12 Month Forward Capped Component
The S&P GSCI Nickel 12 Month Forward Capped Component is designed to emphasize the performance of the nickel market, based on the closest contract expiration included in the index 12 months from the present date. On a monthly basis, nickel has a target weight of 32% with the remaining 68% distributed equally to the remaining commodities in the S&P GSCI.