BCI

abrdn Bloomberg All Commodity Strategy K-1 Free ETF

$22.44
+0.00%
Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) seeks to provide exposure to a broad basket of commodity futures contracts, with the goal of tracking the performance of the Bloomberg Commodity Index.

Overview

ETF tracking abrdn Bloomberg All Commodity Strategy K-1 Free ETF

Category Commodities
Issuer Other
Inception Date 2017-03-31
Market Cap $1.8B
Average Volume N/A
Dividend Yield 2.90%
52-Week Range $19.27 - $22.74
VWAP $22.51

Performance

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Investment Summary

📎 Investment Objective

The abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) seeks to provide exposure to a broad basket of commodity futures contracts, with the goal of tracking the performance of the Bloomberg Commodity Index.

🎯 Investment Strategy

The ETF invests in a portfolio of commodity futures contracts across a diverse range of sectors including energy, agriculture, industrial metals, and precious metals. The fund aims to provide broad commodity exposure without the tax reporting requirements associated with direct commodity investments.

✨ Key Features

  • Broad commodity market exposure through a single fund
  • Diversified across major commodity sectors
  • Avoids the tax complexities of investing directly in commodity futures
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Commodity price volatility and market risk
  • Potential for losses due to contango in the futures market
  • Counterparty risk associated with futures contracts
  • Lack of a performance history to evaluate long-term returns

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the commodity markets as part of a diversified portfolio. It could be particularly appealing to those looking to gain commodity exposure without the tax reporting requirements of direct futures investments. However, investors should be aware of the higher volatility and risks associated with commodity investing.