UBS ETF (IE) Bloomberg Commodity CMCI SF UCITS ETF (USD) A-acc
ISIN IE00BYYLVH00 WKN A2DQ7Z Rating ★★★☆☆
Replication
synthetic
Earnings
accumulating
Asset class
Commodities
Region
World
TER
0.34 %
TD
0.90 %
Currency
USD
Fund size
480 Mio EUR
Perf. 2021
30.00 %
"UBS ETF (IE) Bloomberg Commodity CMCI SF UCITS ETF (USD) A-acc" is an exchange-traded investment fund (ETF). It refers to the UBS Bloomberg BCOM Constant Maturity Commodity Index. This index reflects the development of world wide 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 UBS ETF claims a total expense ratio (TER) of 0.34% per year. The yearly average divergence from the index performance (Tracking Difference) since 2018 was 0.90% per year. Therefore, the ETF was significantly more expensive than the TER suggests.