UBS launches diversified commodities ETF

UBS Global Asset Management has launched a new commodities ETF which tracks the UBS Bloomberg Constant Maturity Commodity Total Return Index, a benchmark weighted according to economic and liquidity data and individual commodities’ global consumption patterns.

UBS launches diversified commodities ETF

|

The UBS ETF CMCI Composite SF (Swap Fund) is domiciled in Ireland and offers exposure to a range of commodities sectors. It is available in two share classes, I which is recommended for investors looking to trade in large volumes, and A which is listed in GBpence.

The benchmark provides diversification across the maturity of the futures curve and continuous exposure to a diversified range of commodities. This ensures lower volatility than traditional commodities indices.

Yesterday we reported a predicted uptick in the commodities market, and revealed why one fund management team is taking a bet on both water and steel.

 

MORE ARTICLES ON