L&G All Commodities UCITS ETF
ETF (UCITS compliant)
L&G All Commodities UCITS ETF
USD Accumulating ETF Class
ISINIE00BF0BCP69
Price
TER0.15%
ISINIE00BF0BCP69
Price
TER0.15%
Fund aim
The L&G All Commodities UCITS ETF (the "ETF") aims to track the performance of the Bloomberg Commodity Index Total Return (the "Index").
Fund snapshot
- Broad commodities exposure
Basket of short-dated commodity futures
- Diversification
Commodities are a distinct asset class with returns that are largely independent of stock and bond returns
- Inflation hedge
Commodity indices tend to benefit from rising inflation
Fund facts
Fund size | $61.5m |
Base currency | USD |
Fund launch date | 11 May 2017 |
Domicile | Ireland |
Share class launch | 11 Jul 2017 |
Replication method | Synthetic - unfunded swap backed by collateral |
ISA eligible | Yes |
SIPP eligible | Yes |
UK Fund Reporting status | Yes |
Benchmark
Bloomberg Commodity Index
Index description
Bloomberg Commodity Index Total Return USD
The Index provides broad-based exposure to commodities as an asset class. The Index provides broad-based exposure to commodities via a diversified basket of short-dated commodity futures.
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) 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.
Index data
Provider | Bloomberg |
Bloomberg code | BCOMTR |
Reuters code | .BCOMTR |
Type | Total Return |
Website | Go to website |
Performance
Portfolio breakdown
As at 31 Jan 2024
Top 10 constituents | 64.9% |
---|---|
Rest of Index | 35.1% |
No. of constituents in Index | 24 |
---|
Top 10 constituents (%)
Gold | 14.4 |
Brent Crude | 7.8 |
WTI Crude Oil | 7.5 |
Natural Gas | 6.4 |
Soybeans | 5.7 |
Corn | 5.5 |
Copper (COMEX) | 5.4 |
Silver | 4.4 |
Aluminum | 4.1 |
Live Cattle | 3.7 |
Sector (%)
Agriculture | 30.5 |
Energy | 29.4 |
Precious Metals | 18.9 |
Industrial Metals | 15.4 |
Livestock | 5.8 |
Top 10 constituents | 64.9% |
---|---|
Rest of Index | 35.1% |
No. of constituents in Index | 24 |
---|
Top 10 constituents (%)
Gold | 14.4 |
Brent Crude | 7.8 |
WTI Crude Oil | 7.5 |
Natural Gas | 6.4 |
Soybeans | 5.7 |
Corn | 5.5 |
Copper (COMEX) | 5.4 |
Silver | 4.4 |
Aluminum | 4.1 |
Live Cattle | 3.7 |
Sector (%)
Agriculture | 30.5 |
Energy | 29.4 |
Precious Metals | 18.9 |
Industrial Metals | 15.4 |
Livestock | 5.8 |
Commodity (%)
Gold | 14.4 |
Brent Crude | 7.8 |
WTI Crude Oil | 7.5 |
Natural Gas | 6.4 |
Soybeans | 5.7 |
Corn | 5.5 |
Copper (COMEX) | 5.4 |
Silver | 4.4 |
Aluminum | 4.1 |
Other | 38.7 |
All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding. The breakdowns shown relate to the Index.
Fund managers
ETF Investment Management Team
Legal & General Investment Management Limited is the investment manager for this ETF and is responsible for its day-to-day investment management decisions. The team is highly experienced with respect to all aspects relating to the management of an ETF portfolio, including collateral management, OTC swap trading, adherence to UCITS regulations and counterparty exposure and monitoring.
Literature
Document type
Prices
Pricing information
Price time | 16:00 EST (NY) |
Currency | USD |
Listings and codes
Listings
Exchange | Currency | Ticker | ISIN | Bloomberg | Reuters | Listing date | Trading hours (local) |
---|---|---|---|---|---|---|---|
London Stock Exchange | GBP | BCOG | IE00BF0BCP69 | BCOG LN | BCOG.L | 11/07/2017 | 08:00 - 16:30 |
London Stock Exchange | USD | BCOM | IE00BF0BCP69 | BCOM LN | BCOM.L | 11/07/2017 | 08:00 - 16:30 |
Deutsche Börse Xetra | EUR | ETLF | IE00BF0BCP69 | ETLF GY | ETLF.DE | 04/08/2017 | 09:00 - 17:30 |
Codes
ISIN | IE00BF0BCP69 |
SEDOL | BF0BCP6 |
Bloomberg | BCOM |
MEX | - |
Dealing information
Issuer | Legal & General UCITS ETF Plc |
Depositary and Trustee | The Bank of New York Mellon SA/NV, Dublin Branch |
Securities regulator | Central Bank of Ireland |
Country registration
This share class is registered for sale in the following countries: