Invesco Bloomberg Commodity UCITS ETF

Investment Risks

For complete information on risks, refer to the legal documents. The value of investments, and any income from them, will fluctuate. This may partly be the result of changes in exchange rates. Investors may not get back the full amount invested. 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. 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. 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.

Product description

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

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.

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.

To assist with meeting some of the Fund's costs, the Manager may receive an annual fees contribution of up to 0.060% of the swap notional amount from the swap counterparties active on this fund. This fee contribution has no impact on the Fund’s net asset value and does not represent an incremental cost borne by investors.

This ETF is passively managed.

Trading information

London Stock Exchange
Trading currency USD
Settlement period T+2
Exchange ticker CMOD
Bloomberg ticker CMOD LN
Bloomberg iNAV CMODIN
Reuters ticker CMOD.L
Reuters iNAV 0O73INAV.DE
Valor 34400611
Sedol BYX9528
Borsa Italiana
Trading currency EUR
Settlement period T+2
Exchange ticker CMOD
Bloomberg ticker CMOD IM
Bloomberg iNAV CMODINE
Reuters ticker CMOD.MI
Reuters iNAV 0O72INAV.DE
Valor 34400611
London Stock Exchange
Trading currency GBX
Settlement period T+2
Exchange ticker CMOP
Bloomberg ticker CMOP LN
Bloomberg iNAV CMOPIN
Reuters ticker CMOP.L
Reuters iNAV 0TM9INAV.DE
Valor 34400611
Sedol BD1X3S7

Key information

Bloomberg ticker CMOD LN
Benchmark BBG ticker BCOMTR
Management fee 0.19%
Swap fee 0.15%
NAV (12 Aug 2022) $25.95
AUM $1,858,807,160
Base currency USD
Umbrella AUM (15 Aug 2022) $33,389,149,341

Costs may increase or decrease as result of currency and exchange rate fluctuations. Consult the legal documents for further information on costs.

The investment concerns the acquisition of units in a fund and not in a given underlying asset.

“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.