UBS CMCI Composite

ETF description

The UBS CMCI Composite ETF provides investors with broad exposure to the commodities market by tracking the UBS Bloomberg Constant Maturity Commodity index (CMCI) Composite. This ETF aims to deliver the performance of a diversified portfolio of commodity futures contracts with a unique constant maturity structure, designed to mitigate the negative impacts of contango and enhance roll yield.

Issuer details

UBS Asset Management is a leading global asset management firm and a subsidiary of UBS Group AG, managing over $1.2 trillion in assets as of June 2024. UBS offers a range of investment products covering various market segments. Founded in 1862, UBS Asset Management has a strong focus on sustainable investing and leverages its global reach with local expertise to provide innovative and client‑focused investment strategies. Notable ETFs in their lineup include the UBS MSCI ACWI SF UCITS ETF and the UBS ETF (IE) MSCI USA Socially Responsible UCITS ETF, demonstrating UBS’s commitment to offering diverse and sustainable investment options to meet the evolving needs of investors.

Index details

The CMCI Composite index provides investors with broad and diversified exposure to a basket of commodities across various sectors, such as energy, metals, agriculture, and livestock. By employing a continuous rolling strategy, the index aims to optimize futures contract management and enhance returns.