Invesco Bloomberg Commodity

ETF description

This ETF provides investors with diversified exposure to a broad range of commodity futures through a dynamic roll strategy. By tracking the Bloomberg Commodity CMCI index, this ETF includes futures contracts across major commodity sectors such as energy, metals, and agriculture. The CMCI (Commodity Multi‑Commodity index) methodology aims to optimize returns and reduce the impact of contango, a situation where futures prices are higher than the spot price, which can erode returns. The ETF is designed for investors seeking to benefit from movements in commodity prices while mitigating some of the risks associated with investing in futures markets.

Issuer details

Invesco is one of the world’s largest ETF providers with over US$680 billion globally in ETF assets under management (as at 31 March 2024). It offers over 140 EMEA ETFs spanning regions and strategies across equities, fixed income and commodities.

Its culture of innovation lets it find new opportunities for investors, as well as ways to improve the performance of core ETF exposures.

Index details

The Bloomberg Commodity index provides investors with a comprehensive measure of performance for a diversified basket of commodity futures contracts. By including a wide range of physical goods and raw materials across multiple sectors, the index offers broad exposure to the global commodities market.