10.57050 USD
0.0155
0.15%
Last update Dec 16, 5:30 PM CET
Market closed
Day range
10.56350
10.57550
Previous close
10.55500
Open
10.57550
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Aberdeen Standard Bloomberg All Commodity Str...
10.57
0.02
0.15%

Overview

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Description

The Aberdeen Standard Bloomberg All Commodity Strategy K-1 Free ETF is an exchange-traded fund designed to provide investors with exposure to a diverse range of commodities. Unlike traditional investment methods in commodities that may require dealing with complex tax forms (K-1), this ETF offers a K-1 free solution. This particular fund seeks to replicate the performance of the Bloomberg Commodity Index, composed of physical commodities such as energy products, metals, and agriculture. These components span essential economic sectors, offering investors a balanced exposure across multiple markets without the need to physically handle or directly invest in the commodities themselves. The ETF plays a significant role in diversifying investment portfolios, providing a hedge against inflation and economic volatility. It offers the advantage of liquidity and diversification in a single tradable security, appealing to both retail investors and institutional investors looking to gain broad commodity exposure efficiently.

About

Address
Phone
+352 47 676667
Website
Instrument type
ETF
Country
Germany
MIC code
XETR
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