The fund is a passively managed exchange traded Fund that aims to track the performance of the Bloomberg Commodity Index Total Return (the Index), subject to the deduction of the ongoing charges and other costs associated with operating the fund. The Index provides a return equivalent to a fully collateralised investment in a diversified portfolio of commodity futures across the following commodity groups: Energy; Precious Metals; Industrial Metals; Livestock; Grains; and Softs. Income is reinvested into the fund.
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