L&G Commodity Index Fund
SICAV (UCITS compliant)
L&G Commodity Index Fund
I-Class GBP Distribution
ISINLU2675110808
Price
ISINLU2675110808
Price
Fund aim
The Fund aims to track the return of the Bloomberg Roll Select Commodity Index (the “Index”) less fees, expenses and transaction costs. There can be no assurance that the Fund will achieve its investment objective.
Fund snapshot
- What does it invest in? Invests extensively in derivatives to gain exposure to a broad spread of physical commodities from around the world. The Fund may also invest in other assets which are detailed in the Fund's KIID document.
- How does it invest? Passively managed, aiming to replicate the performance of the index.
Fund facts
Fund size | $662.1m |
Base currency | USD |
Fund launch date | 30 Nov 2017 |
Domicile | Luxembourg |
Share class launch | 6 Mar 2024 |
Modified duration | 0.27 years |
Benchmark
Bloomberg Roll Select Commodity Index
Costs
Initial charge | 0.00% |
Ongoing charges figure | 0.09% |
Dilution adjustment | 0.02% - round trip |
Performance
Portfolio breakdown
As at 31 Jan 2024
Asset allocation (%)
Energy | 28.8 |
Grains | 22.8 |
Industrial Metals | 15.6 |
Precious Metals | 19.0 |
Softs | 7.8 |
Livestock | 6.0 |
Energy (%)
Brent Crude Oil | 7.5 |
WTI Crude Oil | 7.3 |
Natural Gas | 6.3 |
ULS Diesel | 3.1 |
RBOB Gasoline | 2.4 |
Low Sulphur Gas Oil | 2.2 |
Grains (%)
Soybeans | 5.8 |
Corn | 5.7 |
Soybean Meal | 3.5 |
Soybean Oil | 3.3 |
Wheat | 2.8 |
HRW Wheat | 1.8 |
Industrial metals (%)
Copper | 5.5 |
Aluminium | 4.2 |
Nickel | 2.6 |
Zinc | 2.4 |
Lead | 0.9 |
Precious metals (%)
Gold | 14.6 |
Silver | 4.4 |
Softs (%)
Coffee | 3.1 |
Sugar | 3.1 |
Cotton | 1.7 |
Livestock (%)
Live Cattle | 3.6 |
Lean Hogs | 2.5 |
Asset allocation (%)
Energy | 28.8 |
Grains | 22.8 |
Industrial Metals | 15.6 |
Precious Metals | 19.0 |
Softs | 7.8 |
Livestock | 6.0 |
Energy (%)
Brent Crude Oil | 7.5 |
WTI Crude Oil | 7.3 |
Natural Gas | 6.3 |
ULS Diesel | 3.1 |
RBOB Gasoline | 2.4 |
Low Sulphur Gas Oil | 2.2 |
Grains (%)
Soybeans | 5.8 |
Corn | 5.7 |
Soybean Meal | 3.5 |
Soybean Oil | 3.3 |
Wheat | 2.8 |
HRW Wheat | 1.8 |
Industrial metals (%)
Copper | 5.5 |
Aluminium | 4.2 |
Nickel | 2.6 |
Zinc | 2.4 |
Lead | 0.9 |
Precious metals (%)
Gold | 14.6 |
Silver | 4.4 |
Softs (%)
Coffee | 3.1 |
Sugar | 3.1 |
Cotton | 1.7 |
Livestock (%)
Live Cattle | 3.6 |
Lean Hogs | 2.5 |
All data source LGIM unless otherwise stated. Totals may not sum due to rounding. In order to minimise transaction costs, the Fund will not always own all the assets that constitute the index and on occasion it will own assets that are not in the index.
Fund managers
Dan King
Dan joined the Index Funds team in 2013 from LGIM’s Active Fixed Income department, where he was a fund manager in the Global Rates team. He has responsibility for managing a range of fixed income funds including UK conventional and index-linked gilts, overseas government bills and bonds, overseas corporate bonds and futures overlay funds. Dan joined LGIM in 2004. Prior to LGIM, Dan worked for Clerical Medical International for two years as part of their client management team. Dan holds a BA in economics and law and an MSc in finance, both from the University of Leicester. He also holds the Investment Management Certificate and is a CFA charterholder.
Lee Collins
Lee was appointed Head of Index Fixed Income in November 2017. Lee manages a number of LGIM’s fixed income index funds, focusing primarily on emerging market debt in which he has been involved since inception of the asset class at LGIM. Lee also manages a number of overseas corporate bond funds. Lee joined LGIM in September 2010 from State Street Global Advisors where he was a portfolio manager in the Fixed Income Beta Solutions team, managing a variety of global fixed income and derivative-based structured portfolios. Lee graduated from Loughborough University and holds a BSc (Hons) first class in business economics and finance.
Literature
Document type
Prices
Pricing information
Price basis | Single swing |
Price time | 23:00 CET |
Currency | GBP |
Codes and dealing
Codes
ISIN | LU2675110808 |
SEDOL | BMZ8F18 |
Bloomberg | LGCMIGD LX |
MEX | - |
Dealing information
Valuation frequency | Daily, 23:00 CET |
Dealing frequency | Each Business Day |
Settlement period | T+3 |
Administrator/Custodian | Northern Trust |
Country registration
This share class is registered for sale in the following countries: