ETFs

ETF (UCITS compliant)

L&G All Commodities UCITS ETF

USD Accumulating ETF Class

ISINIE00BF0BCP69

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
Base currency USD
Fund launch date 11 May 2017
Share class launch 11 Jul 2017
Domicile Ireland
Replication method Synthetic - unfunded swap backed by collateral

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

ProviderBloomberg
Bloomberg codeBCOMTR
Reuters code.BCOMTR
TypeTotal Return
WebsiteGo to website

Performance

Performance for the USD Accumulating unit class in USD, launched on 11 July 2017. Source: Lipper. Performance assumes all ETF charges have been taken and that all income generated by the investments, after deduction of tax, remains in the ETF.
Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past. The tables and charts above shows the fund's performance as the percentage loss or gain per year over the last 10 years.
Share class launch date: 11 Jul 2017
Benchmark: Bloomberg Commodity Index Total Return USD
Share class launch date: 11 Jul 2017
Benchmark: Bloomberg Commodity Index Total Return USD

Performance scenarios

The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back.
What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted.
The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product with input from the over the last 10 years. Markets could develop very differently in the future.

Example investment: 10,000 USD

Data for the selected period isn't currently available

Portfolio breakdown

Top 10 constituents66.7%
Rest of Index33.3%
Number of constituents in Index25

Top 10 constituents (%)

Gold11.5
Brent Crude10.9
WTI Crude Oil8.8
Natural Gas6.1
Copper (COMEX)5.9
Gas Oil5.6
Soybeans5.3
Corn5.1
Heating Oil4.1
Aluminum3.4

Sector (%)

Energy
38.9
Agriculture
27.8
Precious Metals
14.0
Industrial Metals
13.8
Livestock
4.2
Unclassified
1.3

All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding. The breakdowns shown relate to the Index.

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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

Prices

Pricing information

Price time16:00 EST (NY)
CurrencyUSD
Monthly price history

Download full price history

Listings and codes

Listings

ExchangeCurrencyTickerISINBloombergWKNReutersListing dateTrading hours (local)
London Stock Exchange
GBPBCOGIE00BF0BCP69BCOG LNA2DQ7MBCOG.L11/07/201708:00 - 16:30
London Stock Exchange
USDBCOMIE00BF0BCP69BCOM LNA2DQ7MBCOM.L11/07/201708:00 - 16:30
Deutsche Börse Xetra
EURETLFIE00BF0BCP69ETLF GYA2DQ7METLF.DE04/08/201709:00 - 17:30
SIX Swiss Exchange
USDBCOMIE00BF0BCP69BCOM SWA2DQ7MBCOMU.S12/06/202509:00 - 17:30

Share class codes

ISINIE00BF0BCP69
SEDOLBF0BCP6
BloombergBCOM
WKNA2DQ7M

Dealing information

IssuerLegal & General UCITS ETF Plc
Depositary and TrusteeThe Bank of New York Mellon SA/NV, Dublin Branch
Securities regulatorCentral Bank of Ireland

Country registration

This share class is registered for sale in the following countries:

Austria
Denmark
Finland
France
Germany
Ireland
Italy
Luxembourg
Netherlands
Norway
Spain
Sweden
Switzerland
United Kingdom