ENCG
•
Commodity
L&G MULTI-STRATEGY ENHANCED COMMODITIES UCITS ETF
TER (bps):
30
AUM (USD m):
950
ISIN:
IE00BFXR6159
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
Global
As of:
01 Oct 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.
RELATED ARTICLES
MOST READ
1
New Listing
BNP Paribas AM hires UK sales head and lists first four ETFs on LSE
2
Industry Updates
ARK Invest teams up with eToro to launch portfolio of ETFs
3
New Listing
American Century marks European entry with double active ETF launch
4
Industry Updates
Best and worst performing ETFs in Q3 2024
5
Analysis