Ossiam Risk Weighted Enhanced Commodity Ex Grains TR UCITS ETF 1 C-EUR
ISIN LU0876440578 WKN A1T7ML Rating ★★☆☆☆
Replication
synthetic
Earnings
accumulating
Asset class
Commodities
Region
World
TER
0.45 %
TD
0.57 %
Currency
EUR
Fund size
3 Mio EUR
Perf. 2021
37.31 %
"Ossiam Risk Weighted Enhanced Commodity Ex Grains TR UCITS ETF 1 C-EUR" is an exchange-traded investment fund (ETF). It refers to the Risk Weighted Enhanced Commodity Ex Grains 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 Ossiam claims a total expense ratio (TER) of 0.45% per year. The yearly average divergence from the index performance (Tracking Difference) since 2014 was 0.57% per year. Therefore, the ETF was more expensive than the TER suggests.