ENCG

Commodity

L&G MULTI-STRATEGY ENHANCED COMMODITIES UCITS ETF

TER (bps):

30

AUM (USD m):

1,710

ISIN:

IE00BFXR6159

Domicile:

Ireland

Share Class Currency:

USD

ESG:

No

Geographical Focus:

Global

As of:

20 May 2024

Climate Fund:

No

Benchmark

The Barclays Backwardation Tilt Multi-Strategy Capped Total Return provides broad-based exposure to commodities via a diversified basket of commodity futures with different expiry dates of up to 1 year, selecting specific contracts based on shape of the futures curve or other idiosyncratic properties. The Index provides a return equivalent to a fully "collateralised" investment in a diversified portfolio of commodity “futures contracts” across the following sectors: (1) Energy; (2) Industrial metals; (3) Precious metals; (4) Agriculture; and (5) Livestock.

PERFORMANCE

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