Description

The fund's primary goal is to mirror the total return performance of the UBS CMCI Composite Index. It's important to note that the fund's market price on the exchange could deviate from its underlying net asset value (NAV). Index tracking is achieved through synthetic replication, relying on investments in swap agreements rather than direct asset holdings. To mitigate risks associated with swap counterparties, the fund aims to maintain a 105% over-collateralization level for this exposure. This investment vehicle operates under a passive management strategy.