COMM

Commodity

ISHARES DIVERSIFIED COMMODITY SWAP UCITS ETF

TER (bps):

19

AUM (USD m):

1,444

ISIN:

IE00BDFL4P12

Domicile:

Ireland

Share Class Currency:

USD

ESG:

No

Geographical Focus:

Global

As of:

05 Apr 2024

Climate Fund:

No

Benchmark

The Bloomberg Commodity Index is designed to provide liquid and diversified exposure to physical commodities, via futures contracts, across the following sectors: (1) Energy; (2) Precious Metals; (3) Industrial Metals; (4) Livestock; (5) Grains; and (6) Softs. Within the Index, the commodities are weighted according to their relative "liquidity" (a measure of how actively a commodity has historically traded) and "economic significance" (determined by reference to historical production levels). The Index return is comprised of: (1) the "spot" return which reflects the day-to-day changes in the prices of the commodity futures contracts; (2) the "roll" return associated with periodically selling the futures contracts that are nearing their expiry dates with later dated equivalents in order to maintain exposure to the commodity futures on an ongoing basis); and (3) the "collateral" return which reflects the interest that a commodity investor would earn where they deposit with a bank (for safe keeping) the cash that they will need to settle the contract at the future delivery date.

PERFORMANCE

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