UBS BBG Commodity CMCI SF UCITS ETF hGBP acc (UD06.L) LSE
Currency In GBp
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Currency In GBp
Address
78 Sir John Rogerson's Quay
Dublin, D02 HD32
Ireland
Phone
353-1-863-9400
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
March 01, 2018
The fund's primary objective is to mirror the performance of the UBS BCOM Constant Maturity Commodity Index, which is hedged to GBP for currency risk and incorporates total return. This is achieved synthetically through a swap agreement, rather than direct investment in physical assets. To enhance security and mitigate counterparty risk from the swap, UBS aims to over-collateralize the fund's exposure by 105%. The investment strategy is passively managed.