Overview
Description
The Invesco Bloomberg Commodity Mutual Fund is a mutual fund designed to provide investors with exposure to a wide array of commodities. Its primary purpose is to offer a diversified vehicle for gaining access to the commodities markets, aiming to reflect the performance of the Bloomberg Commodity Index. This index includes a broad spectrum of commodities such as energy products, precious metals, industrial metals, grains, and livestock. This mutual fund allows investors to gain exposure to commodity market trends without the complexities of directly trading commodity futures. By investing in this fund, individuals and institutions can diversify their portfolios, potentially reducing overall risk by leveraging the often low correlation commodities have with traditional asset classes like equities and bonds. The fund is a crucial vehicle for those looking to hedge inflation risks, as commodities frequently move inversely to inflationary pressures, enhancing its significance in strategic asset allocation within financial markets.
About
Address
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Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL