Overview
Description
The Lyxor Refinitiv Core Commodity Ex-Energy Mutual Fund is an investment vehicle tailored for those seeking diversified exposure to various global commodities while deliberately excluding the energy sector. The primary function of this fund is to track the performance of the Refinitiv CoreCommodity CRB Non-Energy Index, providing investors with an opportunity to invest in a balanced basket of commodities such as agricultural products, metals, and livestock. Operating within sectors like agriculture, precious and industrial metals, and others, this fund enables investors to gain indirect access to the price movements of raw materials without exposure to energy commodities like oil and natural gas. Such a structure can be particularly attractive to investors looking to hedge against inflation or diversify their portfolios beyond equities and bonds. Within the financial market, this mutual fund plays a role in allowing institutional and retail investors to participate in the commodity markets in a relatively risk-managed manner, highlighting its importance as part of a broader strategy for achieving exposure to non-energy driven resources.
About
Instrument type
ETF
Country
United Kingdom
MIC code
XLON