Invesco Bloomberg Commodity UCITS ETF EUR Hdg

Product description

The Invesco Bloomberg Commodity UCITS ETF EUR Hdg aims to provide the total return performance of the Bloomberg Commodity Index (the "Reference Index"), less the impact of fees. To minimise exposure to fluctuations in the exchange rate between USD and EUR, the EUR Hedged share class enters into foreign exchange transactions.

The Reference Index is designed to be a highly liquid and diversified benchmark for commodities. It is composed of futures contracts on physical commodities that are considered significant to the world economy. Commodities are weighted two-thirds by liquidity and one-third by global production with caps on individual and group weightings to ensure diversification.

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.

Trading information

Borsa Italiana
Trading currency EUR
Settlement period T+2
Exchange ticker CMOE
Bloomberg ticker CMOE IM
Bloomberg iNAV CMOEIN
Reuters ticker CMOE.MI
Reuters iNAV 0EXKINAV.DE
WKN A2JN3K
Valor 42275462
Today (5 Aug 2021)
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Key information

Bloomberg ticker CMOE IM
ISIN IE00BF4J0300
Benchmark BBG ticker BCOMTR
Management fee 0.24%
NAV (3 Aug 2021) €44.26
AUM €1,017,950,768
Base currency EUR
Umbrella AUM (3 Aug 2021) €25,347,254,606

Key risks

Currency hedging: Currency hedging may not completely eliminate currency risk and may affect the performance of the share class.

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.

“Bloomberg®” and “Index Name” are service marks of Bloomberg Finance L.P. and its affiliates (collectively, “Bloomberg”) and have been licensed for use for certain purposes by Invesco. Neither Bloomberg nor UBS Securities LLC and its affiliates (collectively, “UBS”) are affiliated with Invesco, and Bloomberg and UBS do not approve, endorse, review, or recommend the ETF. Neither Bloomberg nor UBS guarantees the timeliness, accurateness, or completeness of any data or information relating to the “Index name”.

 

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.

To assist with meeting some of the Fund's costs the Manager has requested a fees contribution of up to 0.06% of the swap notional amount from the swap counterparties active on this fund. Note that this fee contribution has no impact on the net asset value of the fund and is not charged to investors in addition to the management fee and to any swap fee as set out on this fund’s webpage.