BCIM

📎 Investment Objective

The abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM) seeks to provide exposure to the performance of industrial metals futures contracts, with the goal of tracking the Bloomberg Industrial Metals Subindex.

✨ Key Features

• Provides exposure to a diversified basket of industrial metals futures contracts
• Designed to track the performance of the Bloomberg Industrial Metals Subindex
• Avoids the tax reporting requirements of direct commodity futures investments
• Relatively low expense ratio of 0.00%

⚠️ Primary Risks

• Commodity price risk: The value of the fund's holdings can be volatile and subject to market fluctuations in industrial metal prices
• Futures contract risk: The fund's use of commodity futures contracts exposes it to the risks associated with the futures market, including potential liquidity issues and contract roll costs
• Tracking error risk: The fund may not perfectly track the performance of its underlying index due to various factors, including fees and expenses
• Lack of performance history: As a new fund, BCIM does not have a long-term track record to evaluate its performance

👤 Best For

This ETF may be suitable for investors seeking exposure to the industrial metals market as part of a diversified portfolio. It may be of particular interest to investors who want commodity exposure without the tax complexities of direct futures investments. However, due to the fund's lack of performance history, it may be most appropriate for investors with a higher risk tolerance and a longer investment horizon.