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UBS ETF (IE) Bloomberg Commodity CMCI SF UCITS ETF (USD) A-acc

Net asset value 10.9864 USD

Last update

18.04.2018

ISIN: IE00BYYLVH00

Asset Class:  Commodities

General information

Name of fund

UBS ETFs plc – Bloomberg Commodity CMCI SF UCITS ETF

Share class

UBS ETFs plc – Bloomberg Commodity CMCI SF UCITS ETF (USD) A-acc

ISIN

IE00BYYLVH00

Asset Class

Commodities

Fund domicile

IE

Fund type

open-end

Reference Index

UBS Bloomberg BCOM Constant Maturity Commodity Index

UCITS V

yes

Launch date

25.05.2017

Currency of share class

USD

Accounting year end

30 June

Replication methodology

synthetic

Fund description

  • The investment objective is to replicate the performance of the UBS Bloomberg BCOM Constant Maturity Commodity Index (Total Return).
  • The fund synthetically replicates the index performance by investing in a swap.
  • UBS targets to over-collateralise the funds exposure to the swap counterparty by 105%.

Current fund data and tax figures

NAV Date

18 Apr 2018

Shares outstanding

7550000

Official NAV per share

10.9864

Share class assets (USD m)

2.17

Total fund assets (USD m)

123.43

Key benefits

  • Clients benefit from the flexibility of an exchange-traded investment.
  • Provides access to this segment of the market with a single transaction.
  • Optimised risk/return profile thanks to a broad diversification across a range of commodity sectors.
  • The fund offers a high degree of transparency and cost efficiency.
  • UCITS compliant fund.

Performance chart (in fund currency)

The indexed daily NAV prices for the fund and for its corresponding benchmark index series, as illustrated above always reflect the latest available traded NAV versus its corresponding benchmark value on the same day.

These figures refer to the past. Past performance is not a reliable indicator of future results. The performance shown does not take account of any commissions and costs charged when subscribing to and redeeming units.

Fees

Flat fee p.a.

0.36%

Total expense ratio (TER) p.a.

n.a.

Registrations for public distribution

Country of distribution

Switzerland

Germany

Spain

United Kingdom

Ireland

Italy

Liechtenstein

Risks

The fund delivers the return of a broadly diversified commodity index and may therefore be subject to high fluctuations in value. For this reason, an investment horizon of at least five years and corresponding risk tolerance and capacity are required. The returns payable on the fund are dependant on payments received by the fund from the swap counterparty under the terms of the relevant swap and therefore are subject to the credit risk of the swap counterparty. In the event that the swap counterparty defaults under the terms of the relevant swap, the fund may suffer a loss. Every fund has specific risks, which can significantly increase under unusual market conditions. The fund’s assets are passively managed. As a result, the net asset value of the fund’s assets is materially dependent on the performance of the underlying investments. Losses that could be avoided via active management will not be offset.

Disclaimer

For marketing and information purposes. Prospectuses, simplified prospectuses or Key investor information, the articles of association or the management regulations as well as annual and semi-annual reports of UBS funds are available free of charge from UBS Fund Services (Luxembourg) S.A., P.O. Box 91, L-2010 Luxembourg or from UBS Asset Management (UK) Ltd, 5 Broadgate, London, EC2M 2QS. The fund documentation is available free of charge in English and, where relevant, in one of the local language(s) where the fund is registered. Before investing in a product please read the latest prospectus carefully and thoroughly. Units of UBS funds mentioned herein may not be eligible for sale in all jurisdictions or to certain categories of investors and may not be offered, sold or delivered in the United States. The information mentioned herein is not intended to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Past performance is not a reliable indicator of future results. The performance shown does not take account of any commissions and costs charged when subscribing to and redeeming units. Commissions and costs have a negative impact on performance. If the currency of a financial product or financial service is different from your reference currency, the return can increase or decrease as a result of currency fluctuations. This information pays no regard to the specific or future investment objectives, financial or tax situation or particular needs of any specific recipient. The details and opinions contained in this document are provided by UBS without any guarantee or warranty and are for the recipient's personal use and information purposes only. This document may not be reproduced, redistributed or republished for any purpose without the written permission of UBS AG. Source for all data and charts (if not indicated otherwise): UBS Asset Management © UBS 2018. The key symbol and UBS are among the registered and unregistered trademarks of UBS. All rights reserved.