CM Commodity Index Fund - Class A
CMCAX
CMCAX
CM Commodity Index Fund - Class A
CMCAX
CMCAX
-
IW$69,40
per april 18, 2024 -
YTD rendementen7,00%
per april 18, 2024 -
Belegd vermogen (alle shareclasses)$555,10M
per maart 31, 2024 -
Gross Expense Ratio1,26%
-
Net Expense Ratio0,95%
-
Introductiedatum12-31-2010
Fund Description
The CM Commodity Index Fund seeks to track, before fees and expenses, the performance of the UBS Constant Maturity Commodity Total Return Index, a diversified commodity index that allocates across maturities with the aim of minimizing exposure to the front end of the futures curves and mitigating the impact of negative roll yield in contango environments.
Overzicht
Fund Highlights
- By spreading its exposure across multiple maturities and maintaining a constant maturity per commodity, the Index seeks to minimize exposure to front end of the futures curve and mitigate the impacts of negative roll yield
- Diversified across five commodity sectors and 29 commodity components; Monthly rebalancing to limit concentration risk and reduce volatility
- In contrast with many “enhanced” commodity funds, offers “pure” commodity exposure by investing in commodity-linked derivative instruments and more conservative fixed income securities, such as U.S. Treasury Bills
- No K-1s – Access to commodities without burdensome K-1 tax reporting
Recommended Insights
Commodities Back on Track in 2024
Commodities Back on Track in 2024