The L&G Multi-Strategy Enhanced Commodities ex-Agriculture & Livestock UCITS ETF is a London Listed ETF that aims to track the performance of the Barclays Backwardation Tilt Multi-Strategy Ex-Agriculture & Livestock Capped Total Return Index.
Fund size $88.4m
The fund provides broad-based exposure to commodities via a diversified basket of commodity futures with different expiry dates of up to 1 year.
The upside point of this fund:-
-Diversification Commodities are a distinct asset class with returns that are largely uncorrelated with stock and bond returns
-Inflation hedge Commodity indices tend to benefit from rising inflation
-Broad commodities exposure Basket of commodity futures, excluding Agriculture and Livestock, with dynamically determined expiry dates
Courtesy of Legal and General Investment Management
L&G Multi-Strategy Enhanced Commodities ex-Agriculture & Livestock UCITS ETF | LGIM Fund Centre
Courtesy of CNBC
LEGAL AND GENERAL ASSET MANAGEMENT XAGZ Stock | London Stock Exchange