Product description

The Invesco Commodity Composite UCITS ETF aims to provide the total return performance of the Solactive Commodity Composite Index, (the "Reference Index"), less the impact of fees.

The Reference Index is designed to offer high quality, diversified and tradable exposure to the global commodity market and comprises a minimum of three constituent indices, selected from a universe of broad commodity indices. The constituent indices are weighted equally and rebalanced on a quarterly basis.

The fund aims to achieve its objective by holding a basket of US Treasury Bills and using unfunded swaps. The swaps are contracts whereby one or more approved counterparties agrees to exchange with the fund any difference between the returns of the index and an agreed rate linked to the US Treasury Bills held by the fund.

Article 6 SFDR – for the purposes of meeting the requirements of Article 6 SFDR, we have disclosed information on Sustainability Risks in the Prospectus Addendum found in the Documents library.

Trading information

London Stock Exchange
Trading currency USD
Settlement period T+2
Exchange ticker LGCU
Bloomberg ticker LGCU LN
Bloomberg iNAV LGCUIN
Reuters ticker LGCU.L
Reuters iNAV LGCUIN.DE
WKN A1JNSW
Valor 14620148
Sedol B4VTQ94
Today (27 Nov 2021)
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London Stock Exchange
Trading currency GBP
Settlement period T+2
Exchange ticker LGCF
Bloomberg ticker LGCF LN
Bloomberg iNAV LGCFIN
Reuters ticker LGCF.L
Reuters iNAV LGCFIN.DE
WKN A1JNSW
Valor 14620148
Sedol B6TMFC5
Today (27 Nov 2021)
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Key information

Bloomberg ticker LGCU LN
ISIN IE00B4TXPP71
Benchmark BBG ticker SOLCOMCO
Management fee 0.40%
Swap fee 0.37%
NAV (25 Nov 2021) $86.63
AUM $103,890,144
Base currency USD
Umbrella AUM (24 Nov 2021) $34,745,491,061

Key risks

Counterparty risk:  Other financial institutions provide services such as safekeeping of assets or as a counterparty to financial contracts such as derivatives. The Fund is exposed to the risk of bankruptcy, or any other type of default of the counterparty related to any trading transaction entered into by the Fund.

Risk of using derivatives:  in order to reach its investment objective, the Fund enters into swap agreements which provide the performance of the Reference Index, and may imply a range of risks which could lead to an adjustment or even the early termination of the swap agreement.

Liquidity on secondary market risk:  Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily. On-exchange liquidity may be limited due to Reference Index suspension, a decision by one of the relevant stock exchanges, or a breach by the market maker of respective stock exchange requirements and guidelines. 

The performance information on this web page refers to past performance. Past performance is not a reliable indicator of future returns.

The Fund is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the reference index and/or reference index trade mark or the reference index price at any time or in any other respect. The reference index is calculated and published by Solactive AG. Solactive AG uses its best efforts to ensure that the reference index is calculated correctly. Irrespective of its obligations towards the issuer, Solactive AG has no obligation to point out errors in the reference index to third parties including but not limited to investors and/or financial intermediaries of the Fund. Neither publication of the reference index by Solactive AG nor the licensing of the reference index or reference index trade mark for the purpose of use in connection with the Fund constitutes a recommendation by Solactive AG to invest capital in said Fund nor does it in any way represent an assurance or opinion of Solactive AG with regard to any investment in this Fund.

The directors of the company, the manager, the investment manager, the sub-investment manager and the index provider together the “responsible parties” do not guarantee the accuracy and/or the completeness of any description relating to the reference index or any data included therein and the responsible parties shall have no liability for any errors, omissions, or interruptions therein. The responsible parties make no warranty, express or implied, as to the Fund, to any shareholder in the Fund, or to any other person or entity in respect of the reference index described herein.

The index provider makes no express or implied warranties, and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the reference index or strategy or any data included herein. Without limiting any of the foregoing, in no event shall the index provider have any liability for any special, punitive, indirect, or consequential damages or for any lost profits, even if notified of the possibility of such damages.

The data shown on this page is not real-time, i.e. it may be delayed due to mandatory requirements of the data provider. As a consequence, the price of the product linked to a specific underlying you are quoted by your broker or intermediary may substantially differ from the price of the product that you would expect on the basis of the data displayed on this site. Invesco accepts no responsibility for loss, however caused, resulting from errors in this data.

ETF performance is in the fund’s base currency. ETF performance is Net Asset Value after management fees and other ETF costs but does not consider any commissions or custody fees payable when buying, holding or selling the ETF. The ETF does not charge entry or exit fees. Data: Invesco.