A new exchange traded fund (ETF) issued by UBS Global Asset Management has been tradable on Xetra and Börse Frankfurt since Tuesday…..
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The commodity index ETF enables investors to participate in the performance of a broadly diversified basket of commodities.
The reference index comprises components from the energy and metals sector. Components from livestock and agriculture are excluded.
The ETF minimises the exchange rate risk between the US dollar and the euro.
Name: UBS ETFs plc – CMCI Ex-Agriculture SF UCITS ETF hedged to EUR A-acc
Asset class: commodity index ETF
Ongoing charges: 0.37 percent
Distribution policy: accumulating
Reference index: UBS Bloomberg CMCI Ex-Agriculture Ex-Livestock Capped Index Hedged EUR