UBS Bloomberg Commodity CMCI

ETF description

The UBS Bloomberg Commodity CMCI 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

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 Bloomberg Commodity CMCI index offers diversified exposure to a broad range of commodity futures across multiple sectors, including energy, metals, and agriculture. By employing a comprehensive approach to commodity investments, this index aims to capture performance across various commodity markets while managing the impact of volatility. Its diverse coverage and strategic weighting make it a valuable addition for portfolios seeking to benefit from a wide array of commodity assets and reduce concentration risk.