Description

This index aims to reflect the market performance of a diversified portfolio of over ten commodities, specifically focusing on the Energy, Precious Metals, and Industrial Metals sectors. It explicitly omits commodities from the Softs, Livestock, and Grains categories. Bloomberg annually determines and adjusts the weighting of these components based on their liquidity and economic significance. As a 3 Month Forward index, it utilizes commodity futures contracts with expiry dates set three months further out than those typically found in the standard Bloomberg Commodity Index. To comply with UCITS regulations, the index incorporates a capping mechanism and excludes all futures contracts linked to livestock and agricultural products. Further information on the index's methodology, selection process, and weighting can be accessed on the Bloomberg website.