"L&G Multi-Strategy Enhanced Commodities UCITS ETF - Acc" is an exchange-traded investment fund (ETF). It refers to the Barclays Backwardation Tilt Multi-Strategy Capped Index. This index reflects the development of commodity futures . The ETF replicates its index using synthetic replication, so the index performance is realized using a swap contract. The ETF's earnings are automatically reinvested (accumulated). The fund company L&G ETF claims a total expense ratio (TER) of 0.30% per year.