Product description

The Invesco Commodity Composite UCITS ETF Acc aims to provide the performance of the Solactive Commodity Composite Index after fees. The Solactive Commodity Composite 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.

Please also note that, prior to 11 June 2018, this product tracked the LGIM Commodity Composite Index and was called Invesco LGIM Commodity Composite UCITS ETF.

Security Information

General information
Base currency USD
Dividend treatment None
Minimum investment 1 share
Launch date 20 Dec 2011
Shares outstanding 1,004,269
Exchanges London Stock Exchange
Further information
ISA Eligible
SIPP Eligible
UCITS Compliant
UK reporting status Yes
Passported to Austria, Finland, France, Germany, Ireland, Israel (Institutional), Italy (Institutional), Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland (Institutional), United Kingdom
Legal form UCITS
Open ended fund
Replication method Physical with swap overlay
Domicile Ireland
Financial year end 30 November
Tax information for German investors
Equity ratio 0.0000
Key service providers
Issuer Invesco Markets plc
Manager Invesco Investment Management Limited
Investment manager Assenagon Asset Management S.A.
Fund administrator Northern Trust International Fund Administration Services (Ireland) Limited
Depositary Northern Trust Fiduciary Services (Ireland) Limited
Trustee Northern Trust Fiduciary Services (Ireland) Limited
Auditor KPMG
Promoter Invesco Investment Management Limited

Key information

Bloomberg ticker LGCU LN
Benchmark BBG ticker SOLCOMCO
Management fee 0.40%
Swap fee 0.37%
NAV (21 Jun 2021) $79.41
AUM $79,747,132
Base currency USD
Umbrella AUM (21 Jun 2021) $28,590,437,540

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. 

Legal & General Investment Management Limited (“LGIM”) its associates, subsidiaries and group undertakings (collectively, “Legal & General”) is not the issuer or producer of the Fund and has no responsibilities, obligations or duties to any person (investor or otherwise) and accepts no liability for any costs, losses, liabilities or expenses arising in any manner out of or in connection with the Fund or the Reference Index. Without limiting the generality of the foregoing, and to the extent permitted by law, Legal & General shall not be liable for any loss whether direct, indirect, incidental, special or consequential howsoever caused and on any theory of liability, whether in contract or tort (including negligence) or otherwise, even if Legal & General had been advised of the possibility of such loss. The Reference Index is a registered trademark owned by LGIM and licensed for use solely by Invesco as the promoter of the Fund and is not for use by the owners of the Fund, investors or other third parties. All proprietary rights in the Reference Index are reserved by LGIM and shall remain the exclusive property of LGIM. Legal & General do not sponsor or endorse the Fund and makes no representation or warranty, express or implied, in connection with the Fund or the Reference Index (including, without limitation, regarding the advisability of investing in the Fund or the advisability of investing in securities generally or the ability of the Reference Index to track corresponding or relative market performance or as to the quality, accuracy, suitability or completeness of the Reference Index or any part thereof). LGIM reserves the right to change the methods of calculation or publication, or to cease the calculation or publication of the Reference Index, and LGIM shall not be liable for any miscalculation of or any incorrect delayed, or interrupted publication with respect to the Reference Index. The Reference Index is currently maintained and calculated by FTSE International Limited (FTSE). FTSE does not accept any liability for any errors or omissions in the Reference Index or underlying data.

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

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.